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Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday. Hosted on Acast. See acast.com/privacy for more information.

In 2020, the Financial Times exposed a €2 billion fraud at Wirecard, a high-flying German fintech. Many thought that was the end of the story. But for reporter Sam Jones, it was just the beginning. This season on Hot Money: Agent of Chaos, Jones investigates Wirecard’s chief operating officer, who vanished just as Wirecard collapsed. And turned out to also be a Russian spy. From an Ibizan sting operation to an attempted takeover of the Austrian intelligence service, his reporting spirals into a world of warlords, espionage, and disinformation. All in an attempt to answer one question: Who ...