Tag: Wirecard
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Introducing Short-Seller Fraser Perring!
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He is certainly not a buddy of managers of listed companies. Fraser Perring (Twitter) is a notorious short seller who repeatedly launches short-selling attacks against companies. He is one of the people behind Viceroy Research LLC, an investigative financial research group registered in Delaware, USA. Perring uses Twitter as a…
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Wirecard Was The House Bank For Companies Behind Youporn And Pornhub!
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When Commerzbank terminated the account of the porn company Manwin, Wirecard was on the spot. The German fintech did business with the porn industry for longer than ex-CEO Markus Braun portrayed it to the outside world. Wirecard found its first customers in the gambling and porn industries. Over the years,…
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Another BaFin Executive Fired Over Wirecard Scandal!
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German regulator BaFin is parting ways with its executive director Beatrice Freiwald after a months-long legal dispute. The supervisor is leaving “by virtue of a decision by the German government as a member of Bafin’s board of directors,” the authority announced on Tuesday evening.
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FinTelegram Uncovers The Beginnings Of Collapsed Wirecard!
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According to the latest FinTelegram report, Wirecard was a local German payment processor until 2007. The international take-off started with the acquisition of Trustpay International AG and the two payment veterans Ruediger Trautmann (2005) and Dietmar Knoechelmann (2006). Wirecard acquired companies from them in complicated and secretive transactions, creating a…
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Former Wirecard Satellite Payabl And The German Online Gambling Business!
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The Payabl Group, founded by former Wirecard executives Ruediger Trautmann and Dietmar Knoechelmann and his wife Ayelet Fruchtlander Knoechelmann in or around 2010, is the resulting company from the merger of former Wirecard satellites. The high-risk payment processor regulated by the Central Bank of Cyprus, is evidently focused on the…
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Swiss Neobank Klarpay Focused On Digital Merchants And Social Media Influencers!
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Swiss fintech Klarpay is focused exclusively on e-commerce, digital merchants, and social media influencers. It offers cross-border payment acceptance and remittance solutions, including access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement services. Founded in 2019 by the BDSwiss co-founder Mihkel Vitsur, Klarpay was one of the first…
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Searching The Wirecard Millions? FinTelegram’s Investigative Journey To Find Answers!
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FinTelegram launched a new series about the search for the vanished Wirecard millions. The only big question at Wirecard was and is where around €1.9 billion remained. The Wirecard collapse in 2020 triggered one of the biggest financial scandals in Germany. While founder and CEO Markus Braun is still in…
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PPRO CFO Goetz Moeller Replaced By Rahul Raswant!
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The FCA-regulated e-Money Institution PPRO Financial Ltd d/b/a PPRO is controlled by the German PPRO Holding GmbH and has affiliated companies in Europe, Asia, and North and South America. The company was co-founded by the former Wirecard manager Tobias Schreyer in 2011. The German Goetz Moeller has been the CFO…
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Cyprus-Based Payabl Led Million Investment in BDSwiss Spin-Off Klarpay!
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The former Wirecard managers and partners Ruediger Trautmann, Ayelet (Fruchtlander) Knoechelmann, Frank Schoonbaert, and the Israeli Nissim Zarfati founded the PowerCash21 Group around 2010 with several legal entities in different jurisdictions. Sometime over the last couple of months, the PowerCash21 Group reincarnated into Payabl and recently led a CHF3 million…