Tag: Wirecard
-
Wirecard: Jan Marsalek Reports To The Court With A Message!
•
After the collapse of Wirecard, ex-CEO Jan Marsalek made a spectacular escape. Since then, there has been speculation about whether he is still alive. Now, he has stated his lawyer. In it, he comments on the course of the trial – and incriminates an ex-colleague. The Wirecard case has been…
-
Wirecard Insolvency Administrator Considers Forgeries Proven!
•
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.
-
Wirecard CEO Braun Torpedoed Special Audit According To Auditor!
•
Wirecard had commissioned the special audit when doubts about third-party transactions in Asia became known. The company collapsed in June 2020! Allegedly, the former Wirecard board led by Markus Braun had effectively blocked a special audit of the payment processor, according to auditor KPMG.
-
German Regulator Imposed Penalties On Auditor EY For Wirecard Scandal!
•
The German subsidiary of the big four auditing firm EY must wait to undertake new audit mandates with public interest groups for two years. In addition, the state supervisory authority APAS imposed fined for EY and involved auditors.
-
Visa And Mastercard Support Suspicion Of Wirecard Fictitious Transactions!
•
The former CEO Markus Braun denies allegations of fictitious transactions. In the Wirecard trial, Braun is accused of billion-dollar fraud.
-
German EY To Cut 40 Partners And 380 Full-Time Jobs!
•
The audit and consulting firm EY, which hit the headlines because of the Wirecard scandal, want to part with 40 of its 800 partners and hundreds of employees in Germany. At the same time, it intends to hire 2000 new employees. According to the Financial Times, most of the 40…
-
The Trail Of Wirecard Head Marsalek Is Lost In Putin’s Neighbourhood!
•
The most spectacular fraud in German economic history is the Wirecard bankruptcy. The main defendant is former CEO, Markus Braun. On the other hand, one of the prominent masterminds of the scandal, Jan Marsalek, is living comfortably in Russia.
-
The Trial Against Ex-Chief Braun Started!
•
Two and a half years after the spectacular bankruptcy of the financial group Wirecard, the mammoth criminal trial against its former boss, the Austrian Markus Braun, has begun. In one of the biggest financial scandals in German history, Braun and two other former managers of the former DAX company will…
-
Finally! Trial Against Wirecard Managers Starts Next Week!
•
When the Wirecard trial begins on December 8, the main question will be: Who is responsible for the scandal? Markus Braun, the long-time chief executive officer (CEO) of the Wirecard Group, and Oliver Bellenhaus, the managing director of a Wirecard subsidiary in Dubai, will have to answer critical questions!
-
Bafin Director Thorsten Pötzsch: “The Risk Of Getting Caught Has Never Been So High!”
•
After the Wirecard debacle, Germany reorganized BaFin’s regulatory balance sheet control. Thorsten Pötzsch, head of Bafin’s securities regulator, emphasized the new system’s effectiveness at a symposium in Vienna. He referred to discovered accounting errors that auditors had failed to detect.