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A comment on Wirecard files for insolvency after financial hole laid bare. Parent comment

Re:Wirecard files for insolvency after financial hole laid bare by walshemj on Thursday June 25, 2020 @10:51AM (#23641404)
But the commodities sector has entire organisations built around checking that cargo of cane sugar /coffee really is what it says what it is.

Edited for spelling

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Re:Wirecard files for insolvency after financial hole laid bare by rhizome on Thursday June 25, 2020 @01:59PM (#23643562)
> But the commodities sector has entire organisations built around checking that cargo of cane sugar /coffee really is what it says what it is.

Do the companies pick their own checkers?

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Re:Wirecard files for insolvency after financial hole laid bare by ithinkinstereo on Thursday June 25, 2020 @02:20PM (#23643780)
See: Hin Leong Trading for a current example.
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Re:Wirecard files for insolvency after financial hole laid bare by vmception on Thursday June 25, 2020 @02:41PM (#23644015)
and by "massive forgery" it just means "normal forgery" but with a few extra zeroes typed in.

this is how the whole world works! on relationships and clout, not technology and verifications. everyone at the bottom has to deal with those pesky assurances of credibility. others are just getting random people with law degrees to provide attestations saying that their client's document is legitimate.

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