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wirecard News

German MPs to grill ex-Wirecard boss over massive fraud

Frankfurt Am Main - Markus Braun, the former chief executive of disgraced payments giant Wirecard, will on Thursday face a public grilling by German lawmakers over the massive accounting fraud that brought down his firm.

German businessman in Wirecard probe dies in Philippines

Manila - A German businessman in the Philippines wanted for questioning over the Wirecard accounting scandal has died, the justice minister said Thursday.

Singapore company director charged over Wirecard scandal

Fpo - A company director has been charged in Singapore with falsifying letters linked to scandal-hit German payments giant Wirecard, according to court documents, as the fallout from the firm's collapse spreads further around the world.

German ministers in hot seat over Wirecard collapse

Frankfurt Am Main - GermanFinance Minister Olaf Scholz on Wednesday said he gave lawmakers a "detailed" explanation of everything he knew about the fraud scandal that brought down payments firm Wirecard, amid criticism that authorities missed early warning signs of troubl...

German ministers face grilling over Wirecard collapse

Frankfurt Am Main - Germany's finance and economy ministers will be grilled by lawmakers on Wednesday about the massive fraud scandal that brought down payments provider Wirecard, amid criticism that authorities failed to act on early warning signs.

Spying claims are latest twist in Germany's Wirecard thriller

Berlin - The plot thickens in the spectacular collapse of payment provider Wirecard: the Austrian man at large over Germany's worst financial fraud scandal may also have had links to secret services.

Philippines probes possible ploy to 'mislead' Wirecard investigation

Manila - Philippine authorities are investigating immigration records that show the ex-chief operating officer of collapsed payments provider Wirecard entered the country this week before leaving for China, the Filipino justice secretary said Friday.

Wirecard collapse an 'unparallelled scandal'

Berlin - The dramatic collapse of payments provider Wirecard is an "unparallelled scandal", Germany's finance minister said Thursday, after the group filed for insolvency as it admitted that 1.9 billion euros missing from its accounts likely did not exist.

Scandal-hit Wirecard admits missing 1.9 bln likely gone

Frankfurt Am Main - Shooting-star German payments provider Wirecard on Monday admitted 1.9 billion euros that auditors say are missing from its accounts likely "do not exist", fueling fraud suspicions that saw its CEO resign.

German fintech pushes Commerzbank out of DAX 30

Frankfurt Am Main - Wirecard, a Bavarian start-up specialised in online payments, has nudged German giant Commerzbank out of the blue-chip DAX index, in the latest sign of plucky fintechs outshining traditional lenders.
 

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