FT’s McCrum wins Ludwig Erhard Prize for Wirecard

Financial Times reporter Dan McCrum has been awarded the 2020 Ludwig Erhard Prize for his reporting on German payments company Wirecard.

The FT’s investigative reporting on Wirecard exposed one of Europe’s largest corporate frauds and sent ripples through Germany’s financial regulatory system.

Founded by former German Chancellor Ludwig Erhard, the Ludwig Erhard Prize recognizes excellence in business journalism.

Last month, McCrum, Stefania Palma, Olaf Storbeck and John Reed of the Financial Times won the Impact Award for Distinguished Financial Journalism for their reports that exposed a massive fraud at the heart of Wirecard.

That award is given by the New York Financial Writers’ Association. The Impact Award honors a story or body of work by business journalists whose reporting spurred impact, irrespective of when the story or stories were published.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.