Frankfurt am Main (AFP) – Germany’s finance and economy ministers will be grilled by lawmakers on Wednesday about the massive fraud scandal that brought down […]
Tag: Wirecard
Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company’s $2 billion accounting scandal
2020 07 09T000000Z_470162734_RC2LPH9XW46N_RTRMADP_3_WIRECARD ACCOUNTS COLLAPSE.JPG Reuters Wirecard’s former chief executive Markus Braun has been rearrested in Munich as German prosecutors dug deeper into allegations of […]
German Finance Minister Knew of Wirecard Issues a Year Before Collapse
(Bloomberg) — German Finance Minister Olaf Scholz was aware of potential market manipulation at Wirecard AG almost a year and a half before the company […]
German finance minister points to regulatory failures in Wirecard scandal
By Holger Hansen BERLIN (Reuters) – German Finance Minister Olaf Scholz said lawmakers need to quickly determine how to tighten regulation in the wake of […]
Germany to overhaul accounting regulation after Wirecard scandal
Markus Braun, former chief executive of Wirecard – Michael Daider /Reuters Germany’s accounting watchdog is set to be stripped of its powers in the wake […]
Wirecard Exposes Big 4 Accounting Lapses Endure Post-Enron
(Bloomberg) — Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four accounting firms facing […]