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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.
Feb 27, 2023 · How the Biggest Fraud in German History Unravelled. The tech company Wirecard was embraced by the German élite. But a reporter discovered that behind the façade of innovation were lies and links...
Jun 26, 2020 · On June 5, prosecutors raided Wirecard headquarters and opened proceedings against management on suspicion of releasing misleading information that may have affected Wirecard’s share price.
Dec 8, 2022 · The former head of disgraced German payment company Wirecard has gone on trial accused of involvement in the biggest fraud case in German history. Markus Braun, 53, presided over its meteoric...
Aug 25, 2020 · The crisis in the company began with an FT story published on October 15 2019 — the latest in a string of investigations into the company’s accounts — that explained how Wirecard appeared to...
Sep 30, 2020 · The revelation that an EY employee identified suspicious activity at Wirecard four years before the payments group imploded in Germany’s largest postwar corporate fraud will increase the...
Oct 15, 2019 · The FT today published the latest piece in its investigation into Wirecard, which raised the prospect of a concerted effort to fake substantial sales and profits at the German fintech, a member...
Dec 8, 2022 · German payments company Wirecard AG was a hot growth story that had shaken off allegations of accounting fraud — until the truth came knocking. First came the admission that about $2 billion of...
Since the revelation of the Wirecard scandal, the European Commission (EC) has committed to investigate how such a large-scale accounting fraud was made possible and to prevent future similar instances of inadequate audits and supervision failures.
Dec 8, 2022 · MUNICH, Dec 8 (Reuters) - Wirecard's former chief executive, who steered the payments company through its rise and spectacular collapse two years ago, went on trial for fraud on Thursday after a...
