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Wirecard AG. Wirecard AG is an insolvent [4] German payment processor and financial services provider whose former CEO, COO, two board members, and other executives have been arrested or otherwise implicated in criminal proceedings. [5] In June 2020, the company announced that €1.9 billion in cash was missing.
The Wirecard scandal (German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany.
Wirecard shares plunged but a relaxed Mr Braun brushed away the accusations. Three days later the company announced a €200m share buyback.
Jun 26, 2020 · Wirecard provided the invisible financial plumbing that, with a wave of plastic over a card reader almost anywhere in the world, made transactions happen.
Feb 27, 2023 · The tech company Wirecard was embraced by the German élite. But, Ben Taub writes, a reporter discovered that behind the façade of innovation were lies and links to Russian intelligence.
Jun 25, 2020 · Wirecard filed for insolvency after the once high-flying payments group revealed a multiyear fraud that led to the arrest of its former chief executive.
Mar 16, 2021 · Payments firm Wirecard collapsed last year in Germany's biggest post-war fraud scandal. A parliamentary inquiry is in progress, with German Chancellor Angela Merkel and Finance Minister Olaf ...
