Suspicious stock deals of the ex-supervisory board chief Rehnig

Klaus Otto Rehnig

At the end of 2018, he advertised Wirecard shares that they could double their value.

(Photo: Michael Englert for Handelsblatt)

Berlin, Düsseldorf, Frankfurt Even ten years after his resignation from the top of the supervisory board, Klaus Rehnig did not want to accept criticism of Wirecard. In an interview with the Handelsblatt in December 2018, he said in an interview with the Handelsblatt in December 2018 that he could not figure out why journalists put the Aschheim company in the dirty corner. “These people have not dealt sufficiently with the business model.”

Rehnig had done that. He helped launch the company and, alongside the founders, was the first investor in EBS, Wirecard’s predecessor company. “I invested 500,000 Deutschmarks at the start,” said Rehnig. From 2002 to 2008 he chaired the supervisory board. Markus Braun was appointed CEO during his term of office. Rehnig got rich with Wirecard and recommended that others emulate him. “I gave my children Wirecard shares as a gift and advise them to join, too,” enthused Rehnig in an interview.

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