Fahmi Quadir’s Winning Wirecard Short

Safkhet Capital put a quarter of its capital on the line.

 Fahmi Quadir (Bridget Bennett/Bloomberg)

Fahmi Quadir

(Bridget Bennett/Bloomberg)

The collapse of German fintech company Wirecard has been a big winner for many short sellers. But few had as much at stake as Fahmi Quadir, whose short selling firm Safkhet Capital earlier this month had more than 25 percent of its capital betting on the firm’s downfall.

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