Senior Wirecard executive ‘is hiding in Russia under the protection of GRU intelligence agency’ after the company admitted ‘missing’ £1.7bn never existed Jan Marsalek, COO of Wirecard, vanished as firm collapsed amid claims of fraud Marsalek claimed he was going to Asia, but is thought to have fled to Belarus He is now near Moscow … Read more
Former Wirecard chief Markus Braun took a secret £32m personal loan from the firm’s banking arm By Daily Mail City & Finance Reporter Published: 21:50 BST, 16 July 2020 | Updated: 21:50 BST, 16 July 2020 Wirecard’s former boss borrowed nearly £32million from the German payments giant just months before its dramatic collapse, it has … Read more
A British stock market research firm today lays claim to being the first whistleblower to raise the alarm about the collapsed German payment giant, Wirecard. Mark Hiley, who runs The Analyst, reveals in The Mail on Sunday that he issued a ‘Red Flag Alert’ on Wirecard to his clients six years ago. The 2014 note, … Read more
We went halfway round the world to uncover the truth on Wirecard, says MARK HILEY By Mark Hiley For The Mail On Sunday Published: 22:32 BST, 4 July 2020 | Updated: 22:57 BST, 4 July 2020 Mark Hiley is the founder and managing partner of The Analyst. I never met Markus Braun, the reclusive ex-chief … Read more
Search for elusive former boss of collapsed payments giant Wirecard intensifies after it emerges his reported flight to the Philippines was faked By Daily Mail City & Finance Reporter Published: 21:59 BST, 3 July 2020 | Updated: 22:20 BST, 3 July 2020 The search for an elusive former boss of collapsed payments giant Wirecard intensified … Read more
Wirecard woes hit customers as bosses consider putting British arm into administration By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 June 2020 | Updated: 21:51 BST, 29 June 2020 Wirecard bosses are considering putting its British arm into administration Thousands of customers were still unable to access their cash yesterday due to … Read more
Hundreds of thousands of customers are cut off from their cash as watchdog freezes British arm of collapsed German payments firm Wirecard Several fintech companies who use Wirecard systems have been suspended from allowing customers access to their money until further notice UK customers may not be able to touch their money on payday or … Read more
Wirecard collapses with debts of more than £3bn in Germany’s worst accounting scandal By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 June 2020 | Updated: 23:59 BST, 25 June 2020 Crisis-torn Wirecard has collapsed with debts of more than £3billion in Germany’s worst accounting scandal. The financial technology company said it would … Read more
Wirecard files for insolvency after the German fintech firm’s former boss was arrested and it admitted missing £1.7bn probably doesn’t exist The German payments group has filed for insolvency in the midst of a scandal Former boss Markus Braun was arrested earlier this week and released on bail Wirecard’s demise marks the first time in … Read more
Accounting scandal engulfs one-time German fintech star: Missing billions push Wirecard to edge of ruin By Matt Oliver For The Daily Mail Published: 21:58 BST, 22 June 2020 | Updated: 22:10 BST, 22 June 2020 Hanging by a thread: A £1.7billion black hole in the firm’s accounts leave its future in doubt Two years ago, … Read more