Wirecard Is Fully Back to Business Says CEO Braun

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=YkHFxggm_pU

To the outside world, Wirecard was a successful DAX group. But in reality, it was riddled with fraud. Behind a clean facade, criminals were at work. Former CEO Markus Braun is currently in custody. Ex-Asia board member Jan Marsalek is a fugitive. • Wirecard was once an electronics payments service provider and even operated a bank in Germany. But it turns out some sales were completely made up. The balance sheet showed a 1-point-9 Bbillion euro hole. Since then, public prosecutors began investigating the company on commercial fraud and document falsification charges. • There had been rumors for years. Media outlets repeatedly reported inconsistencies.. But, each year the EY auditing firm gave Wirecare a seal of approval. The German Financial regulator Bafin didnt investigate the allegations either. Journalists who reported on fraudulent dealings at Wirecard received complaints. • Since October, a parliamentary investigative committee has been scrutinizing the role of the authorities in this scandal. But one thing is certain: Germany's financial supervisors are ready for reforms. • • Subscribe: https://www.youtube.com/user/deutsche... • For more news go to: http://www.dw.com/en/ • Follow DW on social media: • ►Facebook: / deutschewellenews • ►Twitter: / dwnews • ►Instagram: / dwnews • Für Videos in deutscher Sprache besuchen Sie: / dwdeutsch • #Wirecard #Germany #FinTech

#############################

New on site