Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth (Paperback)Dan McCrum (author)
'The financial investigation of the decade... Money Men instantly enters the canon of great financial crime books' Bradley Hope, author of The Billion Dollar Whale
'A rip-roaring ride into the underworld of the global economy' Tom Burgis, author of Kleptopia
'Required reading' The Economist
'A cross between the Enron scandal and Rosemary's Baby' John Lanchester, London Review of Books
'Reads like a crime drama' New Statesman
'The culmination of years of careful investigative work... Gripping' Evening Standard
'A thrilling, head-spinning book' Irish Times
'A rollercoaster read that reveals everything that's wrong with our financial system' Catherine Belton
Now adapted as the Netflix documentary Skandal!, this is the stranger-than-fiction story of Wirecard, once a $30 billion tech darling, now a smouldering wreck, by the journalist who brought it crashing down - perfect for those who loved Bad Blood and Empire of Pain.
When journalist Dan McCrum followed a tip to investigate the hot new tech company challenging Silicon Valley, everything about Wirecard looked a little too good to be true: offices were sprouting up around the world, it was reporting runaway growth and the CEO even wore a black turtleneck in tribute to Steve Jobs. In the space of a few short years, the company had come from nowhere to overtake industry giants like Commerzbank and Deutsche Bank on the stock market.
As McCrum dug deeper, he encountered a story stranger and more dangerous than he ever imagined: a world of short sellers and whistleblowers, pornographers and private militias, hackers and spies. Before long he realised that he wasn't the only one in pursuit. Shadowy figures were following him through the streets of London, high-flying lawyers were sending ominous letters to his boss, and he was named as the prime suspect in a criminal inquiry. The race was on to prove his suspicions and clear his name.
Money Men is the astonishing true story of Wirecard's multi-billion-dollar fraud, Europe's biggest new tech darling revealed as a house of cards.
Uncovering fake bank accounts, fake offices and possibly even a fake death, McCrum offers a searing expose that will finally lay bare the truth.
Publisher: Transworld Publishers Ltd
Number of pages: 352
Weight: 246 g
Dimensions: 198 x 128 x 21 mm
A thrilling, head-spinning book... Money Men hugely rewards the reader when you get the scoop alongside McCrum - you are close to punching the air... A fine testament to the importance of quality journalism. * Irish Times *
The best book I read this year was Money Men... It reads like a thriller as he painstakingly exposes the tissue of lies, false accounting and mythical acquisitions that lie behind the company's respectable facade... Brilliant stuff. -- Books of the Year * The Tablet *
Well worth your time -- Richard Fletcher * The Times *
A fraud so audacious it took the company's auditor, Ernst & Young, years to believe it... McCrum's account may read like a crime drama, but really it is a testament to old-school reporting... At a time when social media is increasingly causing facts to be regarded as beside the point, it is a reminder that the truth is always worth chasing. * New Statesman *
McCrum was more responsible than anyone else for the exposure and eventual collapse of the hugely fraudulent payment company... A cross between the Enron scandal and Rosemary's Baby. -- John Lanchester * London Review of Books *
Money Men is a rollercoaster read that reveals everything that's wrong with our financial system. Dan McCrum and his colleagues at the FT deserve medals for their tenacious battle to expose the dark heart of Wirecard - the enormous fraud and money laundering machine with shadowy ties. -- Catherine Belton, author of Putin's People
Dan McCrum's deep dive into Wirecard was the financial investigation of the decade. Money Men tells the story from inside Wirecard's headquarters with entertaining drama and verve, but it also unspools the high-stakes reporting process McCrum and his colleagues carried out at the Financial Times against the odds. It instantly enters the canon of great financial crime books. -- Bradley Hope, co-author of New York Times bestseller Billion Dollar Whale
What a wild ride! Going head to head with powerful executives, their teams of lawyers and intelligence operatives, Dan McCrum has uncovered one of the biggest economic scandals in Europe. Money Men reads like a thriller, but it's all true. -- Frederik Obermaier, Pulitzer Prize winning journalist and co-author of The Panama Papers
The culmination of years of careful investigative work... A gripping tale. * Evening Standard *
Wirecard might still be one of Europe's most feted tech firms, were it not for a small band of sceptics - including Dan McCrum... Wirecard fought back viciously and dirtily ... Money Men should be required reading for investors and financial regulators. It is a compelling case study of a seemingly eternal truth: when a business is built on lies, there are always clues. * Economist *
A fantastic book. Think of Dan as a bespectacled James Bond with a keyboard instead of a gun. * Steve Clapham, author of The Smart Money Method *
This behind-the-scenes look into the years of work and the persistence that was required to topple Wirecard is nothing short of incredible. * AltFi *
Money Men is a rip-roaring ride into the underworld of the global economy. Dan McCrum is a proper reporter: there is no threat, con trick or hangover that will stand in his way. In today's pandemic of lies, courageous journalism like this is the medicine. -- Tom Burgis, Sunday Times bestselling author of Kleptopia
A milestone in the history of investigative journalism. -- Olaf Scholz, Chancellor of Germany, awarding the Reporters Forum Reporterpreis
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“Excellent and thrilling read”
I always enjoyed reading Dan McCrum’s analysis of Wirecard in the FT. This brilliant account of the company’s downfall is a riveting read and worthy of a spy thriller, bringing all the disparate pieces together. Dan... More
“An Amazing Book.”
This book is as thrilling as a best thriller and it's all true. A great story with many twists and a whole cast of characters. I was so glad of the list of characters at the beginning of the book, a who's... More
“Money Men Review by Samuel Miller- Sunday 13 August 2023”
This book details the lengths to which people within the company Wire card went to hide evidence of fraud, and the efforts of one journalist to uncover it.
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