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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.
Feb 27, 2023 · By Ben Taub. February 27, 2023. Jan Marsalek, Wirecard’s C.O.O., who embezzled tens of millions of dollars from the company, rented a secret mansion near the Russian consulate in Munich, where...
- Ben Taub
Wirecard was an international supplier of electronic payment and risk management services. Wirecard offered products and services in the areas of mobile payments, e-commerce, digitisation and finance technology.
Mar 16, 2021 · Payments firm Wirecard collapsed last year in Germany's biggest post-war fraud scandal. A parliamentary inquiry is in progress, with German Chancellor Angela Merkel and Finance Minister Olaf ...
Jun 26, 2020 · Wirecard, which owes creditors €3.5 billion, said its survival was not assured, sending its battered shares below €2 Friday from over €100 a week ago.
Dec 8, 2022 · Wirecard deflected accusations by investors and journalists, and the German financial authorities backed them up. FT journalist Dan McCrum was targeted by the company for writing pieces about it.
Aug 25, 2020 · Six months later the curtain fell on Wirecard. On June 25, the group collapsed into insolvency after it was exposed as one of Germany’s biggest postwar accounting frauds. Prosecutors in Munich ...
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