Wirecard AG, the Munich, Germany payment processor, acknowledged Monday it’s likely the missing 1.9 billion euros ($2.1 billion) from its accounts in the Philippines never...
The Philippines central bank cast doubt on Wirecard AG’s assertion that the Munich, Germany payment processor deposited 1.9 billion euros ($2.1 billion) into two banks...
Cash, they say, is king. And when cash disappears from the bank (and thus from corporate coffers) — under mysterious circumstances with a convoluted backstory...
The founder and CEO of Wirecard AG resigned Friday (June 19) one day after auditors revealed 1.9 billion euros ($2.1 billion) were missing from the...
Wirecard has postponed publication of its 2019 annual report after disclosing that its auditor can’t confirm the existence $2.1 billion in trust accounts — or...
Despite an audit that raised questions about operations at Wirecard, a publicly traded financial services provider based in Munich, its CEO has ignored calls to resign....
Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury...
German payments company Wirecard said that an auditing firm it hired found no evidence of account manipulation, according to a report by Reuters. Get the...