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Wirecard’s Indian Deal Started With ‘Fraud,’ U.K. Judges Say Bloomberg 3/1/2021 © Photographer: Michaela Handrek-Rehle/Bloomberg Wirecard AG headquarters in Munich. (Bloomberg) A series of controversial deals that took place before Wirecard AG purchased an Indian business appeared to be an “evolving international fraud,” a panel of London judges said. The transactions in 2015 are being scrutinized in courts in London and Chennai, with the former minority holders of Hermes I-Tickets Private Ltd. saying they were cheated of millions of dollars. They allege they were duped into selling their stake in the business to the company’s majority shareholders only to see it sold on again at a vastly inflated price to Wirecard.

City ofUnited kingdomTamil naduMichaela handrek rehle bloomberg wirecardJan marsalekPalaniyapan ramasamyHermes private ltdBloomberg wirecardHermesi tickets privateChief financial officer janநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்தமிழ் நாடுஹெர்ம்ஸ் ப்ரைவேட் லிமிடெட்ப்ளூம்பெர்க் வயர்கார்டுதலைமை நிதி அதிகாரி ஜான்