Accounting Fraud news and trends

Wirecard Files For Insolvency, Seeks Court Protection
News // June 25, 2020

Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Wirecard’s Former CEO Markus Braun Arrested
Security & Fraud // June 23, 2020

Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Checks, Spreadsheets Expose Firms To Growing Fraud Risk
B2B Payments // June 22, 2020

Corporate fraud continues to plague businesses large and small, and in this week’s B2B fraud tracker, many of the latest cases of nefarious activity within the enterprise can be traced back to the continued use of paper and legacy systems. Get the Full Story Complete...

Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
B2B Payments // May 11, 2020

Fraud warnings continue to grow louder as bad actors uncover new opportunities to take advantage of market volatility and other aspects of the unique circumstances of the pandemic. For the B2B fraud landscape, the threat is particularly large. Get the Full Story Complete the form...

Quick Reads
Ex-Wirecard Finance Chief Charged With Fraud

December 14, 2023
More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Wirecard Files For Insolvency, Seeks Court Protection

June 25, 2020
Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Wirecard’s Former CEO Markus Braun Arrested

June 23, 2020
Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider, the Financial Times reported. Get the Full Story...

Samsung Execs Jailed In South Korea For Evidence Tampering

December 09, 2019
A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. 9) for evidence tampering during an accounting fraud investigation, Reuters reported. Get the Full Story Complete the...