Skip to content

The fall of Wirecard

Arctic Intelligence | AML insights that help set global standards in compliance

Wirecard AG who were “missing” €1.9 billion have now filed for insolvency last month, with CEO Markus Braun being arrested on suspicion of inflating the company’s balance sheet and revenues to make it appear stronger and more attractive for investors and customers.   Europe’s largest fintech, heralded for its innovation, Wirecard was undoubtably a leader in…

Read More