He Helped Expose Wirecard's Fraud. Now His Startup Tries to Make Whistleblowing Safer
Feb 27, 2024
auto_awesome
A whistleblower who exposed fraud at Wirecard faced retaliation, leading him to launch startup Confide to protect future whistleblowers. The podcast discusses the journey of whistleblowing and the importance of safeguarding the process through an anonymous reporting software platform.
Whistleblower retaliation risks persist despite exposing fraud at Wirecard.
Confide fosters secure and anonymous reporting to deter corporate misconduct and protect whistleblowers.
Deep dives
Uncovering Financial Wrongdoing at Wired Card
Gill discovered financial manipulation at Wired Card Asia, triggering the Project Phoenix investigation. Despite unearthing evidence of fraudulent practices, the board silenced his efforts, leading to his departure. Gill's mother, Salkbir Cowar, covertly collaborated with the Financial Times to expose Wired Card's misconduct, leading to the company's ultimate downfall due to a lack of verified profits and missing funds.
Introducing Confide to Safeguard Whistleblowers
Following the Wired Card ordeal, Gill co-founded Confide to offer an avenue for secure and anonymous reporting of misconduct within businesses. Confide's platform allows whistleblowers to submit reports anonymously, creating a transparent record to deter cover-ups and retaliation. By normalizing reporting and shifting the perception of whistleblowing, Confide aims to prevent corporate wrongdoing across various sectors beyond finance, promoting ethical practices and protecting whistleblowers.
1.
Promotion of Fresh Bakers with Varying Savings and Restrictions
Pav Gill says he suffered retaliation after he raised the alarm about fraud at German payments giant Wirecard. His startup Confide aims to protect future whistleblowers from harm.