Thread by @DawsonSField

Another day, another Wirecard story!

Seems German prosecutors chose not to get warrants to arrest the executives when news broke that more than $2B in cash was missing from the company. #ButNothingsHappening
ft.com/content/ed2e3f…

This story is broken by Financial Times, who exposed Wirecard in the first place. But German regulators, authorities, & the auditors all sided with the crooks at Wirecard & even opened criminal cases against FT reporters for allegedly colluding with investors shorting the stock.

German authorities claiming that when the $2B+ in money came up missing, that they never suspected that there might be fraud or embezzlement going on. Only after they let the crooks get away did that occur to them...

Were the execs at Wirecard getting the usual white collar crime treatment or was this more Swampy than the usual?

Wirecard did get German regulators to block short trading of the stock following the FT stories.
They claimed that staff from Bloomberg (financial news coverage) attempted to extort $6M out of Wirecard to not cover the story. Which could be entirely true based on other cases.

We just saw a media editor & 2 PR companies indicted 2 days ago for attempting to extort the Governor of Puerto Rico in exchange for not covering bad news about him.

How much news is covered up due to cash payment to 'journalists'?

https://twitter.com/DawsonSField/status/1354493587925463040?s=20

Wonder why it was so easy for German authorities & regulators to believe reporters were shaking down a multinational corporation by threatening to publish or publish bad news about them?
Were they just protecting Wirecard or do they know this really does happen every day?

Here are some of the other Wirecard stories from this week, but they are all in German. Lots of Swampy involvement including former news editors & cabinet members in Germany...

https://twitter.com/DawsonSField/status/1354832649395826688?s=20

A member of the board of Deutsche Bank (placed there by Chinese investors who bought a big piece of DB) has been caught supporting Wirecard against the Financial Times. While Wirecard was trying to buy DB to hide it's $2B fraud within the merger!

https://twitter.com/DawsonSField/status/1350137474912296960?s=20

This is what happens when you think the way to escape from bankruptcy caused by billions in fraud by taking on trillions in assets to camouflage it!

https://twitter.com/DawsonSField/status/1299035595323453441?s=20

Deutsche Bank's head of accounting is also under investigation for missing the billions in fraud at Wirecard while he was leading auditors at EY, one of the largest global accounting firms.

https://twitter.com/DawsonSField/status/1332332990756687872?s=20

After the FT stories & a KPMG audit confirmation of the accounting fraud. EY signed off on an audit of Wirecard 2 weeks before they imploded!

https://twitter.com/DawsonSField/status/1286833319951441921?s=20

So what is Wirecard? It's a payment services company that processes credit card & bank transactions. So it is the middleman so that big banks & credit cards have plausible deniability when money is being laundered & used for criminal activities.

https://twitter.com/DawsonSField/status/1287806064960901120?s=20

Wirecard may also tie in to major organized crime & other illegal activity that was exposed by law enforcement hacking formerly secure communications networks used by major criminals.

https://twitter.com/DawsonSField/status/1279463697866522625?s=20

The thread above has links to many of my older threads on Wirecard. Operations like this are what allow money to be moved to Swamp players. So taking out crooks like this is damming the rivers that fill up the Swamp. But you thought nothing was happening?