US Securities and Exchange Commission is investigating Musk’s big deal on Twitter

– Elon Musk The Twitter takeover is in danger of failing – maybe that’s fine with the Tesla boss. – (Photo: Reuters) – – – – Washington The US Securities and Exchange Commission has scrutinized the entry of tech billionaire Elon Musk as a major investor on Twitter. The authority asked the Tesla boss on … Read more

Credit-Suisse funds merged with Greensill despite Gupta ban

– Credit Suisse-Logo in Zürich Could the Greensill debacle have been prevented? Specialists at the major Swiss bank had blacklisted the controversial steel magnate Sanjeev Gupta back in 2016. – (Photo: Reuters) – – – – Zürich The Greensill Debacle of the Swiss credit could possibly have been prevented had the responsible managers listened to … Read more

Fondshaus Steiner + Company issued flop investments in Canada

Landscape in Nova Scotia The Hamburger Fondshaus issued investments in the Forest Lakes Country Club in the Canadian province. – – – – – Düsseldorf Oh how beautiful is Canada! The country in the far north captivates with idyllic landscapes, breathtaking nature – and is a “stable market for investments”. The fund house Steiner + … Read more

Jan Marsalek and the coup of the century

Jan Marsalek We are looking for the ex-COO of Wirecard. – (Photo: Wirecard) – – – – Munich The fraud at the insolvent payment service provider Wirecard is apparently even bigger than expected. The previous assumption was that 1.9 billion euros were missing from the balance sheet. Research now shows: The existence of a further … Read more

Ex-supervisory board member sharply criticizes Markus Braun

– Committee of inquiry into the Wirecard scandal In contrast to Markus Braun, the key witness Bellenhaus, who was switched on via video, apologized to the injured party. – (Photo: AFP) – – – – Berlin A former board member of Wirecard has shown itself shocked by the alleged fraud scandal. Before the revelations, she … Read more

Cardholders have to fear for credit

Spendit office in Munich The financial start-up cooperates with the British Wirecard subsidiary Wirecard Card Solutions (WDCS). This is causing problems now. – (Foto: Spendit AG) – – – – Frankfurt A few days after Wirecard filed for bankruptcy, the consequences for the company’s customers are becoming increasingly clear. In addition to financial start-ups (fintechs), dealers … Read more

Ex-COO Jan Marsalek doesn’t want to face it

Jan Marsalek The former Wirecard board is said to be in Asia. – (Photo: Wirecard) – – – – Düsseldorf, Frankfurt This Monday, long-time Wirecard board member Jan Marsalek should actually face the Munich public prosecutor. In any case, the manager searched for by arrest warrant in the Dax group’s balance sheet scandal had announced … Read more

Michael Jaffé could become a bankruptcy administrator at Wirecard

Berlin The district court in Munich was chosen by a man from the front row of German insolvency administrators: Michael Jaffé (56), as an expert, is to prepare the expert opinion on Wirecard AG’s insolvency application. This gives the Munich lawyer good chances of being appointed as the Group’s provisional insolvency administrator. Over the past … Read more

Suspected funds in the hundreds of millions

Wirecard headquarters in Aschheim near Munich Transactions in India, unsecured loans. No one knows where Wirecard’s money really went. – (Foto: Bloomberg) – – – – Düsseldorf In the balance sheet scandal of the Dax group Wirecard, there are indications that, in addition to probably non-existent funds of EUR 1.9 billion, real funds in the high … Read more

Wirecard is fighting for its future

BDO in Manila The search of the 1.9 billion euros of Wirecard was at the Bank in the Philippines in vain. – (Photo: Bloomberg) – – – – Frankfurt/Munich That Wirecard is currently one of the largest financial scandals in the German economy plays in history, shows visitors to the group’s headquarters on Monday only … Read more