Tag: Investment fraud
Showdown in court – How investors are fighting against Adler’s restructuring plans
Victor Khosla Victor Khosla and his investment firm Strategic Value Partners are the main contenders of the real estate group Adler in its restructuring plans. (Photo: Bloomberg) Download Here Dusseldorf,…
Hedge fund Modulo repays over $400 million to FTX
Download Here Delaware Insolvent crypto exchange FTX is getting back more than $400 million from hedge fund Modulo Capital. Bahamas-based company Modulo has agreed to pay $404 million in cash…
Ex-boss Markus Braun does not want to have known anything
Download Here Dusseldorf Markus Braun once lived in luxury, today he lives in a nine square meter cell in the Munich-Stadelheim correctional facility. His company Wirecard is bankrupt and Braun…
DWS refrains from advertising after consumer protection lawsuit
Protest against DWS Greenpeace activists protest against so-called “greenwashing” in the foyer of the DWS Group, a subsidiary of Deutsche Bank. (Photo: dpa) Download Here Frankfurt After a lawsuit by…
P&R investors can keep their distributions
Download Here Container ship in Norway Investors in the insolvent container distributor P&R will be happy. The insolvency administrator may no longer contest payments made by the group before the…
Adler Group threatens creditors with bankruptcy: Investors counter with reports
Adler construction site in Dusseldorf There is no progress on the Adler Group’s construction sites, such as in the Glasmacherviertel. The debt restructuring should be completed by April. (Photo: Verfürden/Handelsblatt)…
Markus Braun talks about his innocence
Download Here Ex-Wirecard boss Markus Braun Investigators are convinced that the supposedly most important part of Wirecard’s business, the third-party business, did not exist. Braun and his lawyers, on the…
Richter interrogates ex-boss Markus Braun
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Download…
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Download…
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Download…
US Securities and Exchange Commission accuses Terra founder of fraud
SEC The US Securities and Exchange Commission raises serious allegations against the Terra founder. (Photo: Reuters) Download Here Washington The US Securities and Exchange Commission has accused crypto developer Dow…
How Markus Braun experienced the last few days before bankruptcy
Download Here Markus Brown The former Wirecard CEO sees himself as a victim in the largest fraud case in German economic history. (Photo: dpa) Munich The long-standing Wirecard CEO Markus…
How the key witness describes the role of ex-CEO Markus Braun
Download Here Oliver Bellenhaus The indictment in the criminal proceedings for the billions in fraud at Wirecard is essentially based on the testimony of key witness Oliver Bellenhaus. He was…
How the key witness in the Wirecard scandal describes the role of the ex-CEO
Download Here Oliver Bellenhaus The indictment in the criminal proceedings for the billions in fraud at Wirecard is essentially based on the testimony of key witness Oliver Bellenhaus. He was…
Ex-boss Markus Braun rejects accusations
Download Here Markus Brown The former CEO wants to describe his “very personal perceptions” and the history of the company in the Wirecard process. (Photo: dpa) Munich Markus Braun begins…
Ex-boss Markus Braun rejects accusations
Download Here Markus Brown The former Wirecard CEO wants to describe his “very personal perceptions” and the history of the company. (Photo: dpa) Munich In the criminal proceedings surrounding the…
“Liar” – Braun’s defense attacks key witnesses
Download Here Markus Brown According to the indictment, Braun and his accomplices acted as a gang of fraudsters who cheated banks and lenders by more than three billion euros with…
The parallels between the Indian Adani affair and Wirecard are astounding
Download Here protests in India Indian opposition demonstrators in New Delhi accuse Prime Minister Narendra Modi of remaining silent on the Adani affair for too long. (Photo: Bloomberg) In the…
Tesla investors fail in class action lawsuit against Musk
Download Here Elon Musk Tesla shareholders have failed in a class action lawsuit against CEO Elon Musk over his 2018 tweets. (Photo: dpa) san francisco Tesla shareholders have failed in…
Adler starts restructuring with an uncertain outcome
High Court in London The badly battered Adler Group wants to push through its restructuring plan before the London court. (Photo: Reuters) Download Here Dusseldorf, Berlin The Adler Group’s push…