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Corrupt business practices and fraudulent financial reporting
- 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.
en.wikipedia.org/wiki/Wirecard_scandal
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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.
Jun 26, 2020 · Wirecard has filed for insolvency citing “over-indebtedness” and Braun, who resigned last Friday, has been arrested on suspicion of inflating the company’s finances.
Jun 26, 2020 · Wirecard provided the invisible financial plumbing that, with a wave of plastic over a card reader almost anywhere in the world, made transactions happen. Hedge funds and global investors...
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...
Sep 16, 2022 · What was Wirecard? Wirecard started off in 1999 in Munich, and in 2002, Marcus Braun, a former KPMG consultant, was brought on as CEO.
Oct 25, 2021 · A Dubai-based Wirecard executive at the centre of the fraud had helped identify the merchants to be used by EY to test the system — something that should have set off alarm bells at the auditor,...
Feb 7, 2019 · Wirecard: inside an accounting scandal. A preliminary report by a top law firm has unveiled a pattern of suspected book-padding across the group’s Asian operations. Dan McCrum in London and ...
