Wirecard

Wirecard’s Insolvency Manager Files Lawsuit Against EY in Germany
Wirecard’s Insolvency Manager Files Lawsuit Against EY in Germany
December 29, 2023  |  Legal

Wirecard’s insolvency manager, Michael Jaffé, filed a lawsuit in a court in Stuttgart against accountancy firm EY. The lawsuit claims 1.5 billion euros (about $1.66...

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Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Burkhard Ley, who spent 11 years as the chief...

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Wirecard Whistleblower Launches Company to Spot Misconduct
Wirecard Whistleblower Launches Company to Spot Misconduct
September 05, 2023  |  Security & Fraud

Pav Gill helped blow the whistle on wrongdoing at German payment company Wirecard. Now, he’s reportedly launching a platform to help others do the same at...

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Two Former Wirecard Executives Sentenced to Prison in Singapore
Two Former Wirecard Executives Sentenced to Prison in Singapore
June 20, 2023  |  Security & Fraud

Two former Wirecard executives have been sentenced to prison in Singapore. James Wardhana, who was the international finance process manager of Wirecard Asia, and Chai...

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Wirecard Trial Testimony: Ex-CEO Said Compliance Was ‘Crap’
Wirecard Trial Testimony: Ex-CEO Said Compliance Was ‘Crap’
June 07, 2023  |  Legal

Former Wirecard CEO Markus Braun was apparently not a big fan of compliance. During court testimony Wednesday (June 8), a panel of judges in Braun’s...

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With Professional Service Firms Catching Heat, Is This Digital’s Moment?
With Professional Service Firms Catching Heat, Is This Digital’s Moment?
April 06, 2023  |  Security & Fraud

Running a business is complicated, particularly in today’s challenging macroclimate. But economic downturns are cyclical — and there exists a bevy of professional service firms...

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Germany Reportedly Forming New Anti-Money Laundering Agency
Germany Reportedly Forming New Anti-Money Laundering Agency
March 29, 2023  |  AML

Germany is reportedly forming a new agency focused on anti-money laundering (AML) and sanctions efforts. The new organization will be called the Federal Authority for...

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EU Cracks Down on Phone Number Masking to Protect Consumers
EU Cracks Down on Phone Number Masking to Protect Consumers
December 21, 2022  |  Fraud Prevention

Phone number masking cases have caused European authorities to issue advice on how to prevent fraud. While the big European fraud trial of the moment...

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Wirecard Scandal Trial Sees Chief Witness Deny Deleting Data
Wirecard Scandal Trial Sees Chief Witness Deny Deleting Data
December 21, 2022  |  Security & Fraud

A witness in the Wirecard scandal trial has denied deleting data and withholding information from prosecutors. Oliver Bellenhaus, who is the former head of Wirecard’s...

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