Cardsystems Middle East news and trends

Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’

July 19, 2020
Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
Security & Fraud // July 16, 2020

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Wirecard Exec Who Ran Unit At Heart Of Scandal In Custody In Munich
Security & Fraud // July 06, 2020

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, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’

July 19, 2020
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 Financial Times (FT) reported.  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 […]

Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says

July 16, 2020
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. Get the Full Story Complete...

Wirecard Exec Who Ran Unit At Heart Of Scandal In Custody In Munich

July 06, 2020
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, the Financial Times (FT) reported....