Two Arrested for Orchestrating Escape of Wirecard Exec Accused of Fraud
The collapsed financial firm had previously supplied cards to several cryptocurrency companies. Source
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Wirecard UK Business to Be Acquired by Railsbank
Wirecard has already laid off a number of employees in its Germany office. The company believes that most of its 80 UK employees would be absorbed by Railsbank.Wirecard UK business will be acquired by Railsbank. This was revealed by the payment processing company and this move is said to be
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From Enron to Wirecard: How Blockchain Tech Could Have Helped
Adam Traidman is CEO of BRD, a mobile cryptocurrency wallet. If a global company can successfully hide billions of dollars overnight, we have a problem. If it is rigorously audited by a leading accounting firm, and regulated by one of the most thorough regulatory agencies in the world, yet still manages
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Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia.Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he was able to transfer there with the cryptocurrency.Per the report, Marsalek is currently in a private
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Missing Wirecard Exec Found in Belarus; Russia’s FSB Involvement Suspected
Jan Marsalek, the former chief operations officer of Wirecard who went missing after his supposed trip to the Philippines last month to chase the missing 2 billion Euro in the company’s books, has been located in Belarus. Marsalek reportedly entered the Philippines via Manila before flying to Cebu City and then
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Resigned Wirecard CEO Detained by Police as $2.1B Fraud Threatens Company
The former chief executive officer of Wirecard, a German fintech company, has been detained by Munich police after being charged with misrepresenting the company’s balances.As reported by Reuters and many others, Markus Braun, who led the company for the better part of two decades, has been arrested by police in Munich,
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Wirecard Stock Crashed 85% in Just 3 Days: Is Now the Time to Buy?
Wirecard stock slid by 50% this morning. Does that make the German company a buy, or should investors brace for an even steeper plunge? Wirecard Stock Crashed 85% in Just 3 Days: Is Now the Time to Buy? by CCN.com Source
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