Tag: Amounted to
EU neglects the fight against corruption
Brussels The European Union is doing too little to tackle the urgent problem of corruption. The EU Commission has a black list in which companies and individuals are entered if…
Deutsche Börse: Public prosecutor’s office expands cum-ex investigations
Deutsche Börse headquarters in Eschborn near Frankfurt Germany’s largest stock exchange operator has not found any misconduct in cum-ex transactions during internal investigations. (Photo: dpa) Frankfurt, Dusseldorf The public prosecutor’s…
Allianz Global Investors: Brazen fund fraud costs billions
alliance “Structured Alpha Funds” promised returns that were significantly higher than a set benchmark. (Photo: dpa) new York Gregoire Tournant knew what his customers wanted to hear. “He told them…
Allianz Global Investors: Brazen fund fraud costs billions
alliance “Structured Alpha Funds” promised returns that were significantly higher than a set benchmark. (Photo: dpa) new York Gregoire Tournant knew what his customers wanted to hear. “He told them…
Wind scammer sentenced to over seven years in prison
Henrik Holt He cheated energy companies out of millions with fake wind projects. (Photo: dpa) Osnabruck Hendrik Holt hid his face under a corona mask, although there was no mask…
Prosecutors are investigating suspected market manipulation
Fight against cybercrime The Munich IT security company Cyan offers solutions to problems such as phishing or identity theft. (Photo: dpa) Dusseldorf The Munich-based company Cyan, which specializes in cyber…
Four structures that encourage tricks & deception in companies
Dusseldorf First VW, then Wirecard – and now the Adler Group? What is happening at the real estate company reminds observers of previous accounting scandals in the German economy. The…
New CSU General Huber has his dissertation checked
CSU General Secretary Martin Huber Huber succeeded Stephan Mayer, who resigned from office after just two months. (Photo: dpa) Munich After allegations of plagiarism, the new CSU General Secretary Martin…
Regional court declares balance sheets 2017 and 2018 void
The Wirecard headquarters in Aschheim near Munich The Dax group Wirecard fell in June 2020 over a multi-billion dollar fraud scandal. (Photo: IMAGO/Alexander Pohl) Dusseldorf The balance sheets of the…
N26 pays compensation to individuals affected
N26 Customers are outraged because their N26 account was abruptly terminated. (Photo: Reuters) Frankfurt N26 has big plans: The smartphone bank wants to be ready for an IPO by the…
Andreas Scheuer: Investigations against former Minister of Transport
Andrew Scheuer Statements before the investigative committee on car tolls could be fatal to the CSU politician. (Photo: dpa) Berlin The Berlin public prosecutor’s office has initiated investigations against ex-transport…
Process for online investment fraud begins in Saarbrücken
The accused sits next to his lawyer The accused is said to be a member of a gang of fraudsters. (Photo: dpa) Dusseldorf The call centers are the heart of…
Holidaycheck, Jameda & Co complain about purchased online reviews
Dusseldorf No matter how shoddy it is, getting ten positive hotel reviews online is easy. For a special price of 159.90 euros, Fivestar Marketing, a German agency with a company…
Stock falls back – new raid by the authorities
Frankfurt Unpleasant visit for Deutsche Bank: On Friday, the public prosecutor’s office in Frankfurt, the Federal Criminal Police Office and the financial supervisory authority Bafin searched the premises of the…
Searches at Deutsche Bank
Frankfurt Unpleasant visit for Deutsche Bank: On Friday, the public prosecutor’s office in Frankfurt, the Federal Criminal Police Office and the financial supervisory authority Bafin searched the premises of the…
What those affected by account terminations need to know now
The co-founder and co-head of the most valuable German fintech, Maximilian Tayenthal, apologized for the incidents last weekend. In a new measure to detect and prevent fraud, “unfortunately, a number…
EY wants to reposition itself with a five-point plan
Dusseldorf EY has developed a five-point plan to realign its auditing. The company is also reacting to the Wirecard scandal, in which EY, as the long-standing auditor of the payment…
The ex-Wirecard boss fled to a villa near Moscow
Razdory Jan Marsalek fled from German prosecutors to the town near Moscow. (Photo: PR) Dusseldorf Jan Marsalek remained true to himself. On June 19, 2020, the former board member of…
The ex-Wirecard boss fled to a villa near Moscow
Razdory Jan Marsalek fled from German prosecutors to the town near Moscow. (Photo: PR) Dusseldorf Jan Marsalek remained true to himself. On June 19, 2020, the former board member of…
These are the brazen product counterfeits of 2021
Dusseldorf When the emails appear in Ulrich Demuth’s mailbox, he knows: this is a really big fish. The emails contain photos of Wika pressure gauges. “Made in Germany” is clearly…