This podcast episode delves into the rise and fall of Wirecard, a German payment processor, uncovering its intricate ties to intelligence agencies and the Wagner Group. The episode examines the questionable activities of Wirecard's chief operating officer, Marsilect, highlighting his fabricated credentials and his proximity to influential political figures. It also raises concerns about the misuse of transaction data and the involvement of Wirecard's services by spy agencies, emphasizing the vulnerability of financial institutions to penetration by rogue intelligence services.