Tag: Wirecard

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles. On this episode, Mikhail delves into the ongoing trial of Wirecard and Ollie Bellenhaus, who stand accused of numerous layers of deceit. She covers the landmark decision made by the Irish highest court as well as details around the many underlying entities that could now become exposed as a result. Mikhail also explores the many shell companies created. Tune in to this captivating episode to explore the world of corporate deceit, fraud, and money laundering on the Lies, Spies, and Corporate Crimes.

Key Highlights:

·      The History of Limited Liability Companies in Britain;

·      Allegations of Fraud in Binary Option Trading;

·      The Impact of Being Victimized by Financial Fraud Involving a Legitimate Business;

·      The Exploitation of Investors;

·      The Impact of Directors on Corporate Business: Examining the Cases of Ryan Coats and Liam Granger;

·      Credit Card Companies and Financial Services Providers;

·      Money Laundering Through Offshore Accounts in Ireland;

·      The Irish Central Bank’s Concern with Grey Mountain’s Unlicensed MSB Operation and Their Response;

·      Tax Evasion or Loss of VAT Revenue in Ireland; and

·      Directors’ Liability in an Irish Company.

Notable Quotes

1. “They label Bellenhaus, a professional liar.”

2. “The defense lawyers accused him of so many layers of deceit. It was almost comical.”

3. “The court’s decision means where a fraud perpetrated can be found to have a nexus through Ireland, there is now a basis to unmask those that ultimately benefited from that fraud no matter where they are.”

4. “Until this case, no Irish court had ever held that the veil of incorporation could be pierced or should be pierced in order that directors be held personally liable for the actual emissions of their company, in a case like the one mister Powell was bringing.”