Article: Germany’s BaFin investigating Wirecard communication ahead of audit publication

Article - Media

Germany’s BaFin investigating Wirecard communication ahead of audit publication

Reuters, 8 May 2020

BaFin had previously said it would include the findings of the KPMG audit in its ongoing investigation into suspected market manipulation in Wirecard stock.

Comment: Regulatory agencies are easy to manipulate as a secondary means of direct market manipulation. They address only a tiny fraction of the crimes being committed by naked short sellers, while being easily spoofed into helping naked short sellers because they take fraudulent whistleblowers at face value when it suits them to do so.