Once upon a time, around 1999, there was a small company called Wirecard that operated as a payment processing business. The company grew, became publicly traded on the Deutsche Börse, and eventually its share price reached €191.3, attaining a market valuation of €26 billion (U.S. $31 billion) that made it one of Germany’s top 100 companies. Seemingly, all was going very well at Wirecard, but not everyone was convinced by the numbers. Some people determined they were too good to be true.



