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Wirecard AG was a financial services provider that offered electronic payment processing and card issuance. It filed for insolvency in 2020 after €1.9 billion in cash was missing and faced criminal charges of fraud and accounting manipulation.
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 ...
Dec 8, 2022 · The former head of disgraced German payment company Wirecard has gone on trial accused of involvement in the biggest fraud case in German history.
Jul 31, 2023 · Two men, a Singaporean and a Briton, claim trial for allegedly creating fake letters to claim millions in escrow accounts for Wirecard AG. The letters were used to deceive auditors and investors amid Wirecard's collapse in Germany.
Wirecard was a German payment processor and financial services provider that collapsed in 2020 after revealing €1.9 billion of missing funds and accounting irregularities. The company faced allegations of fraud, regulatory failure, and whistleblower complaints for years before its downfall.
Aug 25, 2020 · The approval from KPMG never came. 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 ...
Sep 30, 2020 · Wirecard, a German digital payments company, filed for bankruptcy in June after disclosing that €1.9 billion (S$3 billion) of cash, supposed to be in bank accounts in the Philippines, did not...
