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That is simply not true. The majority of Wirecard has been sold in the insolvency proceedings, e.g. the payments platform is still in use today! (Interestingly
by Pyramus 5y ago
That is simply not true. The majority of Wirecard has been sold in the insolvency proceedings, e.g. the payments platform is still in use today! (Interestingly still using the domain wirecard.de!)
The liquidation price was nowhere near its market value and their technology was nowhere near as innovative - both points that are also true for Tesla.
Again, don't be led astray by the fact that Tesla is making physical products that you can see.
On a different note I don't think of corporate fraud as something that brings you from 0 to 1 - it's more akin to cheating in sports. It will give you a competitive edge, an unfair advantage.
If you are interested there is an interview with the CFO of Enron about legal fraud on Youtube - highly fascinating.