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Letter from fugitive Wirecard executive sparks court clash - Vimarsana News

Letter from fugitive Wirecard executive sparks court clash

Former chief operating officer Jan Marsalek vanished after audit revealed €1.9bn hole in cash reserves

Wirecard witness admits guilt but pins German fraud blame on ex-CEO - Vimarsana News

Wirecard witness admits guilt but pins German fraud blame on ex-CEO

The key prosecution witness in Germany's biggest post-war fraud trial admitted guilt on Monday in a scam that led to Wirecard's collapse, but said the company was a "swindle" from the start with former chief executive Markus Braun at its core. Wirecard's downfall two years ago shook the German business establishment, putting politicians who had backed it and regulators who took years to investigate allegations against the payments company under intense scrutiny.

Wirecard Witness Admits Guilt But Pins German Fraud Blame On Ex-CEO - Vimarsana News

Wirecard Witness Admits Guilt But Pins German Fraud Blame On Ex-CEO

The key prosecution witness in Germany's biggest post-war fraud trial admitted guilt on Monday in a scam that led to Wirecard's collapse, but said the company was a "swindle" from the start with

Wirecard was a scam from the start, says former employee - Vimarsana News

Wirecard was a scam from the start, says former employee

State witness and former CEO Markus Braun trade accusations over who was responsible for spectacular collapse

Wirecard: Defense slams key witness as 'main perpetrator' – DW – 12/12/2022 - Vimarsana News

Wirecard: Defense slams key witness as 'main perpetrator' – DW – 12/12/2022

The defense team for Wirecard's ex-boss called the charges against him "absurd." The company's collapse in 2020 dealt a blow to Germany's business reputation and raised accusations of improper government oversight.

Source: dw.com