Dusseldorf, Munich According to information from the Handelsblatt, the Munich I public prosecutor’s office has brought charges against former Wirecard boss Markus Braun. On 480 pages, the investigators accuse him of commercial gang fraud, misappropriation of corporate assets, accounting fraud and manipulation of the Wirecard share price. Oliver Bellenhaus, the former governor of Wirecards in Dubai, and Stephan von Erffa, the former chief accountant and deputy chief financial officer, should also go to the dock with Braun.
The men face up to ten years in prison if they go to trial and are convicted. The public prosecutor’s office did not initially respond to a request, nor did the defendants’ attorneys.
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