Tag: Investment fraud
SEC also files lawsuit against Coinbase – stock plummets
Frankfurt It is the second lawsuit within 24 hours: The US Securities and Exchange Commission is suing the world’s largest crypto exchange Binance with Coinbase, the largest US trading platform.…
Deutsche Bank wants to settle Epstein case with payment of 75 million
Jeffrey Epstein in court in 2008 The hedge fund manager, who has since passed away, has been imprisoned twice. (Photo: AP) Bangalore Deutsche Bank has agreed to a $75 million…
Deutsche Bank wants to settle Epstein trial with payment of 75 million
Jeffrey Epstein in court in 2008 The hedge fund manager, who has since passed away, has been imprisoned twice. (Photo: AP) Bangalore According to a newspaper report, Deutsche Bank has…
Onecoin – Prosecutors file charges against ex-husband of “cryptoqueen”
crypto mining “Cryptoqueen” Ruja Ignatova promised to replace the famous Bitcoin with her cryptocurrency Onecoin. She collected money – then she disappeared. Now her ex-husband has been charged in Germany.…
Wirecard short-term boss supports charges
Wirecard According to the indictment, some people are said to have falsified Wirecard’s balance sheets since 2015 and damaged lending banks by 3.1 billion euros. (Photo: Reuters) Munich In the…
Wirecard short-term boss supports charges
Wirecard According to the indictment, some people are said to have falsified Wirecard’s balance sheets since 2015 and damaged lending banks by 3.1 billion euros. (Photo: Reuters) Munich In the…
Adler Group massively devalues real estate
Adler construction site The company wants to radically shrink. The group is currently burdened with billions in debt. (Photo: Handelsblatt/Nagel) Munich The top management of the real estate group Adler…
Rödl & Partner takes on the audit of the annual financial statements
Adler construction site Take a deep breath in the real estate group: Although little is happening on construction sites like in Düsseldorf, after months of searching, the group reports that…
Wirecard board torpedoed special test – “There were several attempts to influence us”
Markus Brown The former Wirecard board member tried to change the report of the special test until the very end. (Photo: dpa) Munich According to the auditor KPMG, the former…
London High Court has ruled on restructuring plan
Rolls Building The London High Court has decided on the future of the Adler real estate group. (Photo: Lars-Marten Nagel) Dusseldorf In the fight for its future, the Adler Group…
What the auditors need to change now
EY office building: For the company, the penalty of the auditor oversight is another damage to the image. (Photo: dpa) Dusseldorf There have never been such severe sanctions from the…
EY is not allowed to take on audit mandates at stock exchange groups
EY office in Berlin The decision of the auditor oversight Apas to EY is considered a milestone in the processing of the Wirecard scandal. (Photo: dpa) Dusseldorf, Berlin In connection…
A judge will decide the fate of the heavily indebted Adler Group starting Monday. The Handelsblatt provides answers to the most important questions.
High Court in London The badly battered Adler Group wants to push through its restructuring plan before the London court. (Photo: Reuters) Dusseldorf, Berlin The crisis at Adler Group SA…
A judge will decide the fate of the heavily indebted Adler Group starting Monday. The Handelsblatt provides answers to the most important questions.
Dusseldorf, Berlin The crisis at Adler Group SA reaches a climax this week. After several days of hearings, the London High Court will decide whether Adler can take on 940…
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) Dusseldorf, Frankfurt When…
Hedge fund Modulo repays over $400 million to FTX
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 and drop…
Ex-boss Markus Braun does not want to have known anything
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 is accused…
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) Frankfurt After a lawsuit by the Baden-Württemberg…
P&R investors can keep their distributions
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 bankruptcy. This…
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)…