Wirecard employees removed millions in cash using shopping bags Prosecutors suspect funds linked to hidden payments operations in Asia
about 2 hours ago
Wirecard employees hauled millions of euros of cash out of the group’s Munich headquarters in plastic bags over a period of years, according to former employees, suggesting that the payments company was looted even more brazenly than previously known.
The once high-flying fintech, which at its peak was worth €24 billion, went bust last summer in one of Germany’s biggest accounting frauds. It collapsed after discovering that €1.9 billion of corporate cash did not exist and that parts of its business in Asia were a sham.
Staatsanwaltschaft eröffnet im Fall Wirecard Ermittlungsverfahren zur Bafin-Rolle
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Wirecard: Aufseher erhielten Warnung, doch keiner hat sie gelesen
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