Tag: Investment fraud
Markus Braun talks about his innocence
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 other hand,…
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) Munich…
“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) Munich…
“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) Munich…
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) Washington The US Securities and Exchange Commission has accused crypto developer Dow Kwon and…
How Markus Braun experienced the last few days before bankruptcy
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 Braun has…
How the key witness describes the role of ex-CEO Markus Braun
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 once Wirecard…
How the key witness in the Wirecard scandal describes the role of the ex-CEO
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 once Wirecard…
Ex-boss Markus Braun rejects accusations
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 his statement…
Ex-boss Markus Braun rejects accusations
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 billion-dollar bankruptcy…
“Liar” – Braun’s defense attacks key witnesses
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 help…
The parallels between the Indian Adani affair and Wirecard are astounding
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 Wirecard case,…
Tesla investors fail in class action lawsuit against Musk
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 a class…
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) Dusseldorf, Berlin The Adler Group’s push to restructure…
Munich judiciary groans under lawsuits
Markus Brown After the Wirecard scandal, the former CEO has to answer in court. (Photo: AFP/Getty Images) Cologne On June 25, 2020, Wirecard AG filed for insolvency – shortly afterwards…
Previous EY examiners relinquish licenses
EY offices in Düsseldorf Since 2020, the Apas supervisory authority has been examining whether and to what extent auditors violated their obligations in their work for Wirecard and what the…
Musk defends tweets in investor lawsuit
san francisco Tesla CEO Elon Musk has defended his controversial 2018 tweets in court, which have led to a potentially costly investor lawsuit. He was honest at the time, Musk…
Almost $700 million seized from FTX founder Bankman-Fried
new York In the US, federal prosecutors seized almost $700 million in assets belonging to FTX founder Sam Bankman-Fried in January. A court document revealed on Friday (local time) that…
Commerzbank is suing auditor EY over Wirecard losses
Commerzbank The major German bank is trying to recover its losses from the Wirecard bankruptcy in court. (Photo: dpa) Frankfurt Commerzbank wants to recover losses of around 200 million euros…
“No incriminating findings” – White & Case checks 800,000 documents
Adler construction site Many of the Adler Group’s projects have come to a standstill. The real estate group is in a permanent crisis. (Photo: Verfürden/Handelsblatt) Dusseldorf, Berlin In the struggle…