Several million set aside to get? Wirecard from looted banks in front of Bankruptcy may systematically

Media report: Wirecard managed to Broke possibly millions of page Has moved to the insolvent, the payment service provider Wirecard before the Bankruptcy of po

Several million set aside to get? Wirecard from looted banks in front of Bankruptcy may systematically
Media report: Wirecard managed to Broke possibly millions of page

Has moved to the insolvent, the payment service provider Wirecard before the Bankruptcy of possibly millions of euros in the Form of Bank loans? A report of the "süddeutsche Zeitung", according to the group in the first half of 2020, shortly before the accounting scandal and subsequent bankruptcy, a further 800 million euros from its banking syndicate a loan. At the same time, the sheet had Wirecard consumed in these months, particularly a lot of money. Wirecard self-announced bankruptcy, that the accounts were empty.

In circles, it means that hundreds of millions of Euro were awarded against the Bankrupt as loans to related companies - including the companies in Asia that are at the centre of the accounting scandal. Therefore, the suspicion that it could be targeted million set aside managed been is now. The public Prosecutor's office Munich I to go on this track, re-wrote the "süddeutsche Zeitung".

The leaf has speculated, therefore, that the group bathing its banks, including Commerzbank and the Landesbank-Württemberg, systematically looted could have, when it became clear that the balance sheet would be fraud to blow the whistle. Against Ex-CEO Markus Braun, the volatile Manager Jan Marsalek and more involved employees is already determined because of a suspicion of infidelity - in addition to the allegations of accounting fraud, stock market manipulation, as well as band even fraud.

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the Manager embezzled over half a billion euros. Currently, the newspaper is Wirecard with 1.6 billion euros in its banks in the chalk. Investors can be counted, added, and so has Wirecard, with its false balance sheets for a total of up to 3.2 billion euros, is more difficult.

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Updated Date: 08 August 2020, 10:26

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