Tag: Investment fraud
Deutsche Bank agrees $26 million settlement in US lawsuit
Deutsche Bank Plaintiffs accused the bank of overly lax supervision of ultra-rich customers. (Photo: Reuters) new York Deutsche Bank agrees in legal dispute with investors to pay a settlement of…
Bafin Executive Director Béatrice Freiwald is threatened with extinction.
Beatrice Freiwald The lawyer, whose contract runs until the beginning of 2024, has long been considered a shaky candidate in the authority. (Photo: Bernd Roselieb/BaFin) Frankfurt The Bafin Executive Director…
Boeing agrees $200 million fine with SEC
737 maximum More than 300 people have died in two Boeing plane crashes. (Photo: Reuters) Washington The aviation group Boeing will pay millions in the dispute with the US Securities…
Allegations against the ex-Wirecard boss
Markus Brown The long-standing Wirecard CEO Markus Braun has been in custody since July 2020. (Photo: Reuters) Dusseldorf, Berlin As a person who generally could not distinguish between desire and…
2020 financial statements reveal hundreds of millions of losses
ThomasLloyd power plant With investments in solar power and biomass plants in the Philippines, the fund management wanted to generate dividends of up to 11 percent per year. The reality…
Charges against ex-boss Markus Braun approved
Dusseldorf, Berlin The Munich I district court has approved the indictment in the accounting scandal surrounding the former Dax group Wirecard. The court confirmed the relevant information from the Handelsblatt…
Charges against ex-boss Markus Braun approved
Dusseldorf, Berlin The Munich I district court has approved the indictment in the accounting scandal surrounding the former Dax group Wirecard. The court confirmed the relevant information from the Handelsblatt…
Ex-boss Markus Braun has to go to court
Dusseldorf, Berlin The Munich I district court has approved the indictment in the accounting scandal surrounding the former Dax group Wirecard. The court confirmed the relevant information from the Handelsblatt…
Ex-Wirecard boss Markus Braun has to go to court
Markus Brown The long-standing Wirecard CEO Markus Braun has been in custody since July 2020. Soon he will have to answer in court for gang fraud. (Photo: dpa) Dusseldorf, Berlin…
Authorities are investigating ex-chief lawyers for gold and mask deals
Opera Tower in Frankfurt Publity AG resides on the upper floors. The company has turned on the Bafin. (Photo: Publity AG) Berlin The search for the suspect led to the…
Cathie Wood: Tech investor is reducing her exposure to stocks
Cathie Wood The investor’s flagship fund has lost more than 50 percent of its value this year. (Photo: Bloomberg) Dusseldorf Investor Cathie Wood has remained true to herself this year,…
Sale of more than 22,000 homes on the way
Residential buildings by Adler Real Estate in Berlin The majority is to be sold. (Photo: imago images/Olaf Schuelke) Dusseldorf, Berlin Adler Real Estate has taken the first step in selling…
Sale of more than 22,000 homes on the way
Residential buildings by Adler Real Estate in Berlin The majority is to be sold. (Photo: imago images/Olaf Schuelke) Dusseldorf, Berlin Adler Real Estate has taken the first step in selling…
Santander appoints boss for Germany
Nicole Mantow Santander appoints Nicole Mantow as head of Pagonxt in Germany. (Photo: Evo Paymants International) Madrid, New York Almost two years after the major Spanish bank Santander took over…
Adler Group’s leverage increases – net loss of 604 million euros
Adler Real Estate logo The subsidiary of the real estate group has many of its own construction sites. (Photo: imago images/Achille Abboud) Dusseldorf The Adler Group SA slipped deep into…
Indebtedness at Adler Group increases – interim CFO becomes chief financial officer
Adler Real Estate logo The subsidiary of the real estate group has many of its own construction sites. (Photo: imago images/Achille Abboud) Dusseldorf At the ailing Adler Group, the leverage…
Indebtedness at Adler Group increases – interim CFO becomes chief financial officer
Adler Real Estate logo The subsidiary of the real estate group has many of its own construction sites. (Photo: imago images/Achille Abboud) Dusseldorf At the ailing Adler Group, the leverage…
Troubled Adler Group makes interim CFO chief financial officer
Adler Real Estate logo The subsidiary of the real estate group has many of its own construction sites. (Photo: imago images/Achille Abboud) Dusseldorf The ailing real estate investor Adler Group…
Adler Group: New auditor, so far unsuccessful
Real estate company under pressure Hardly any progress is being made on the construction sites, such as the high-rise Steglitzer Kreisel in Berlin. Now Adler also has problems finding an…
Apas sees breach of duty at EY
Dusseldorf The verdict could hardly have been harsher: The auditing company EY is said to have violated professional obligations in their work for the former Dax group Wirecard for four…