Search results
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.
Aug 25, 2020 · Jan Marsalek, Wirecard’s former second-in command, is on the run and the boss of a key Wirecard business partner in the Philippines has been registered dead.
Jun 26, 2020 · The Philippine government is investigating the missing €1.9 billion, which Wirecard claimed to have held in two Philippine banks; the banks said last week that they had never dealt with Wirecard.
Jun 25, 2020 · Wirecard denies everything and BaFin, the German financial regulator, investigates Zatarra and others for alleged market manipulation. A European private investigations agency outlines plans to...
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. In a remarkable collapse of a company once...
Jun 25, 2020 · Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive.
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.
Jun 25, 2020 · Scandal-hit payments firm Wirecard has filed for insolvency, causing its shares to dive almost 80%. It comes after the German firm last week disclosed a €1.9bn (£1.7bn) hole in its accounts.
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.
