system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: What was the Wirecard scandal? and what does Germany's current chancellor Scholz has to with it?
gpt
Wirecard was a whole big convoluted mess which boils down to a simple fraud.  Essentially, in order to secure investments from outside sources, Wirecard claimed that it had about 2 billion dollars in cash reserves that it just...didn't.   And it manipulated financial disclosures to make it seem like they did.

What did Scholz have to do with it?  Not really anything *directly*.  But at the time this happened Scholz was minister of finance for Germany and oversaw the governmental apparatus that was responsible for preventing this sort of thing.  

Scholz wasn't involved in the fraud.  But his political opponents claimed he failed to do his job and discover it sooner.  

There were a lot of questions whether this would impact his political future.  Spoiler alert, it didn't, as Scholz is now the German chancellor.