Ex CEO of Wirecard arrested in case over missing billions

[anotherone]

Ex-CEO of Wirecard arrested in case over missing billions

Wirecard is the bank behind Payoneer. They also have their Wirecard prepaid debit card.

BERLIN (AP) ”” The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company's balance sheet in an accounting scandal that centers on a missing sum of 1.9 billion euros ($2.1 billion), prosecutors in Munich said Tuesday.

 

[daxbr]

(...) The company's former COO, Jan Marsalek, is suspected of having absconded with a large sum of embezzled money. The executive has been exposed as a Russian intelligence asset who may be hiding out in Russia despite the Interpol red notice issued in his name.
https://www.zerohedge.com/geopoliti...stigation-over-work-wirecard-german-regulator

 

[JohnLocke]

It is incredible how such a large company, and so in Germany, can be involved in such a scandal about fraud.

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[rkadius]

https://www.newyorker.com/magazine/2023/03/06/how-the-biggest-fraud-in-german-history-unravelled