A defendant and key witness in the Wirecard scandal trial has admitted guilt. Oliver Bellenhaus, the former head of Wirecard’s Dubai office and one of...
Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most...
SoftBank Group Corp., the Tokyo-based multinational conglomerate that owns stakes in technology and finance companies, invested $1 billion in Wirecard AG last year in a move that quieted questions...
For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. In the latest...
Wirecard AG’s accounting firm said an independent report failed to account for half of the German payment company’s revenue and all its operating profit, the...
One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters....
The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG, the collapsed...
Wirecard executive Oliver Bellenhaus, 46, has been arrested in Munich for his alleged central role in the massive worldwide fraud case currently enveloping the company,...
As details about the failed management of Wirecard AG unfold, it becomes clear that the company’s core business has been losing cash for years, the...