Wirecard

Report: EY Anti-Fraud Team Found ‘Red-Flag Indicators’ at Wirecard

Report: EY Anti-Fraud Team Found ‘Red-Flag Indicators’ at Wirecard
Report: EY Anti-Fraud Team Found ‘Red-Flag Indicators’ at Wirecard
December 14, 2020  |  Cybersecurity

The epic collapse of German payments company Wirecard continues to raise questions about its accounting firm for years, Ernst & Young (EY). Munich prosecutors have...

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Deutsche Bank Accounting Head Stands Aside Over Wirecard Scandal
Deutsche Bank Accounting Head Stands Aside Over Wirecard Scandal
December 09, 2020  |  Cybersecurity

The head of accounting at Deutsche Bank is temporarily stepping down in the wake of the Wirecard scandal, the Financial Times reports. Get the Full...

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German Prosecutors Launch Investigation Into Ernst & Young’s Wirecard Audit
German Prosecutors Launch Investigation Into Ernst & Young’s Wirecard Audit
December 04, 2020  |  Cybersecurity

Munich prosecutors have launched an investigation into the Ernst & Young (EY) audit of Wirecard AG, compounding the firm’s troubles associated with $2.3 billion that...

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Deutsche Bank, EY Linked To Germany’s Wirecard Investigation
Deutsche Bank, EY Linked To Germany’s Wirecard Investigation
November 29, 2020  |  Cybersecurity

Deutsche Bank and its head of accounting Andreas Loetscher are now in the scope of the Wirecard investigation over Loetscher’s previous role at EY, the...

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EY Pressured To Testify About Role In Wirecard Scandal
EY Pressured To Testify About Role In Wirecard Scandal
November 25, 2020  |  Legal & Regulation

EY is increasingly finding itself on the hot seat as German lawmakers and investigators dig deeper into the collapse of payments giant Wirecard, whose books...

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Germany’s DAX-30 Stock Index Tightens Rules After Wirecard Fraud Fiasco
Germany’s DAX-30 Stock Index Tightens Rules After Wirecard Fraud Fiasco
November 24, 2020  |  Stock Index

The implosion of major payments player Wirecard AG amid a multibillion-dollar fraud scandal has spurred an overhaul of Germany’s top stock index. Get the Full...

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German Lawmakers Push For Further Questioning Of Former Wirecard CEO Braun
German Lawmakers Push For Further Questioning Of Former Wirecard CEO Braun
November 20, 2020  |  Cybersecurity

German lawmakers are determined to call back Wirecard AG’s former CEO Markus Braun to give further testimony after he refused to answer their questions during...

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Ex-Wirecard CEO Defends Regulators, Refuses To Answer German Parliament’s Questions
Ex-Wirecard CEO Defends Regulators, Refuses To Answer German Parliament’s Questions
November 19, 2020  |  Cybersecurity

Former Wirecard CEO Markus Braun doesn’t blame regulators or German politicians for the events that led to Wirecard’s demise in a global scandal earlier this year,...

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