The Pity Of Wirecard, Part Two: Bezzle Never Sleeps

If questions about the integrity of Wirecard AG’s accounting in its crucial Asian operations are ever to be resolved, Singapore regulators will need to step back and take a long, hard look at James Henry O’Sullivan’s relationship to the Aschheim, Germany–based company. Prosecutors at Singapore’s Consumer Affairs Department have [...]

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The Pity Of Wirecard, Part One: Oliver’s Army

Singapore — Few companies can explain their meteoric growth as alluringly as Wirecard AG. Q1 hedge fund letters, conference, scoops etc mohamed_hassan / Pixabay In one preferred narrative, Wirecard presents as Europe’s leading financial technology innovator, a globe-spanning developer of white label code and applications that remove the friction from electronic payments [...]

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Wirecard AG: Something Is Terribly Wrong Here

After the Financial Times published a pair of whistleblower-driven exposes that suggested some of Wirecard’s parabolic growth in the Asia-Pacific region was the result of a purported multi-year revenue inflation scheme, anyone wanting to understand the kettle the German payments company finds itself boiling in would do well to [...]

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Myriad Genetics: This Company Has Great Difficulties Telling The Truth

Editor’s Note: In the initial version of this article, a paragraph discussing GeneSight’s clinical trial contained an inaccurate assertion regarding the clinical significance of the results. Q3 hedge fund letters, conference, scoops etc In early May several hundred investors, doctors and brokerage research analysts attended a dinner presentation after cocktails offered [...]

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