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Wirecard's headquarters, raided on 1 July 2020 by German authorities [1]. The Wirecard scandal (German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany.
Wirecard Asia Pacific was founded in Singapore in 2007. [20] In 2008, Wirecard introduced virtual prepaid credit cards for online payments [21] and in the following year [22] a fraud prevention suite for fraud detection. [23] In 2014, Wirecard expanded to New Zealand, Australia, [24] South Africa [25] and Turkey. [26]
Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany's biggest post-war fraud scandal and sent shockwaves through the ...
An investigation by Bellingcat, Der Spiegel and The Insider indicated that he fled to Minsk, Belarus, just hours after he was fired from Wirecard. [8] On 19 July 2020, the German newspaper Handelsblatt reported that Marsalek was probably in Russia, where he was believed to live under the supervision of the Russian GRU in a mansion near Moscow ...
Jan Marsalek, 43, is wanted in Germany in connection with a billion-dollar fraud operation at his old company, payment processor Wirecard. Marsalek was the company’s COO when investigators ...
After a raid by the UK Serious Fraud Office in September 1990, the share price collapsed. The CEO Asil Nadir was convicted of stealing the company's money. Bank of Credit & Commerce International: United Kingdom: 5 July 1991: Banking: Breach of US law, by owning another bank. Fraud, money laundering and larceny. Better known as BCCI. Nordbanken ...
After pleading guilty in 2020 to an unlawful monetary transaction and to wire fraud related to the Ponzi scheme, Natalie was sentenced to 11 years in federal prison and ordered to pay back the $2. ...
Markus Braun (born 1969) is an Austrian tech investor, the former CEO and CTO at the now insolvent payment processor, Wirecard AG from January 2002 until his resignation and arrest in June 2020. [3] Braun stepped down from Wirecard amidst fraud allegations, but has denied any wrongdoing.