EY’s auditors suspect that Wirecard already invented huge sales in 2018. All attention is now directed to the ex-board member Jan Marsalek. – For a while, Jan Marsalek still gave the impression that he would face the prosecutors. The former board and chief operating officer of Wirecard AG were said to be in the Philippines … Read more
EY’s auditors question Wirecard’s entire business with third-party partners in Asia – and not only fail to close the annual accounts for 2019, but even those for 2018. – Wirecard AG, which is plagued by bankruptcy and criminal proceedings, has to accept new setbacks. In early Monday morning, the management board in Aschheim received a … Read more
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
Someone didn’t watch over Wirecard. Or at least it didn’t do it as it should have and now we are looking for solutions to prevent everything from happening again. Ten days after the scandal involving the company for a 1.9 billion cash shortfall, about a quarter of the total value of the company’s assets, many … Read more
Missing billions at Wirecard The German government accuses the privately organized DPR of failing to audit Wirecard’s balance sheet. – (Photo: dpa) – – – – Düsseldorf On July 3, 2015, the then Federal Minister of Justice Heiko Maas (SPD) put warm words into a speech. He spoke on the tenth anniversary of the German … Read more
The public prosecutor had issued an arrest warrant for Jan Marsalek last week. He is accused of possible crimes in connection with the Wirecard balance sheet scandal. – Wirecard AG’s longstanding board member, Jan Marsalek, will apparently not face the judiciary. That learned Southgerman newspaper, NDR and WDR from circles of those involved in the … Read more
The federal government terminates the contract with auditors. KfW also borrowed 100 million from Wirecard. – Open detailed view— Wirecard offices in Aschheim near Munich: Even the state-owned KfW gave the group credit. (Photo: Sven Hoppe / dpa) — For a long time, all responsible authorities in Germany looked away, now the federal government is … Read more
Global audit giant Ernst & Young (EY) is dragged down by the bankruptcy scandal of German online payment company Wirecard The issue is due to its deficiencies in accounts verification. Lawsuits have already been filed against the consultancy behind the bankruptcy this week from the electronic payment provider, which employs 6,000 people. The German shareholders … Read more
HOF (dpa-AFX) – “Frankenpost” to Wirecard: “But the Wirecard case also highlights a changing social environment. In the blink of an eye, business is done online, online, worldwide, and it doesn’t matter where the retailer is located. All confident that it is” safe ” It is no coincidence that fictional commercial crime series such as … Read more
The exact amount of the profit is not yet completely clear, but it will be between 25 and 30 million euros, said the German newspaper Frankfurter Allgemeine Sonntagszeitung, which quoted Odey. The once celebrated German fintech Wirecard ended in insolvency this week. The reason was that he lacked almost two billion euros in his accounts. … Read more