Michael Jaffé has tried to trace the disappearance of €1.9 billion at Wirecard. He found no evidence of corresponding transactions. In a status report, he comes to a clear conclusion. According to new findings by insolvency administrator Michael Jaffé, Wirecard's business with alleged partners in Asia was wholly fabricated.
You may know Steinhof through Fraser Perring, because his group Viceroy Research was decisive for the company's downfall! A German court has issued an arrest warrant against Markus Jooste, the former CEO of the Steinhoff furniture group, formerly the parent company of the now-insolvent Kika and Leiner furniture chains in Austria.
Cryptocurrencies have surged in popularity recently, offering the potential for financial growth and technological innovation. However, cryptocurrencies are not immune to fraudulent activity and scams. This article addresses the alarming rise of crypto frauds and their collaboration with influencers and media personalities, leading to damaging consequences such as pump-and-dump schemes and price manipulation.
The American healthcare actual property firm Medical Properties Belief (MPT) has filed a defamation lawsuit in a U.S. federal courtroom. MPT opposes short-selling Viceroy Research and its three members. Is this a SLAPP lawsuit without merits?
The public prosecutor's investigation into the sale of Amsterdam fintech company Payvision to ING has been stopped.
The public prosecutor's investigation into the sale of...
Finding the best payment service provider (PSP) for your specific needs is critical to the success of your business. You have to provide a secure, reliable, and appropriate payment flow and user experience to your clients. Moreover, you have to trust your payment processor to honestly deal with your funds. While there will be many aspects that are specific to your business, the following are the most important questions we recommend every business ask potential payment service providers.
After the hacker attack on Uber, Revolut also reports an attack. Fintech unicorn Revolut with an e-Money license in Lithuania, says a targeted cyberattack has hit it. Hackers managed to access the personal data of tens of thousands of customers. However, no funds were reportedly stolen.
San Francisco-based Sardine (website), a fraud prevention and compliance fintech company, has raised $51.5 million in a Series B funding round led by Andreessen Horowitz's Growth Fund (a16z). Sardine's real-time fraud prevention products help customers reduce fraud in fast money movements such as bank and card payments, digital wallet, and cryptocurrencies.
