CEO Pushed Out as German Fintech Admits: €1.9 Billion is Missing from Our Balance Sheet

Discussion in 'other software & services' started by mood, Jun 21, 2020.

  1. mood

    mood Updates Team

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    CEO Pushed Out as German Fintech Admits: €1.9 Billion is Missing from Our Balance Sheet
    June 19, 2020
    https://www.cbronline.com/news/wirecard-missing-money
    Reuters: Wirecard's missing money didn't enter Philippine financial system, central bank says
     
  2. Rasheed187

    Rasheed187 Registered Member

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    Yes, read about it, there is something seriously wrong with this company and this may be good news for its Dutch competitor named Adyen. The stockprice of Adyen is way too high though, it's clearly overvalued. :doubt:

    https://www.adyen.com
     
  3. mood

    mood Updates Team

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    About Wirecard:
    two more articles:

    Schirp calls for Wirecard audit on behalf of shareholders (January 13, 2020)
    Investor TCI files criminal complaint against Wirecard managers (May 19, 2020)
     
  4. mood

    mood Updates Team

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    'Total disaster': Phantom billions plunge Wirecard into chaos
    June 22, 2020
    https://www.reuters.com/article/us-...xisted-rips-up-earlier-accounts-idUSKBN23T06V
    Wirecard says missing $2 billion never existed. Its stock is down 85% in 3 days
     
  5. stapp

    stapp Global Moderator

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    Wirecard: Former boss arrested over €1.9bn scandal


    https://www.bbc.co.uk/news/business-53149907
     
  6. mood

    mood Updates Team

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    Former Wirecard CEO Released From Jail
    June 24, 2020
    https://www.silicon.co.uk/e-enterprise/financial-market/former-wirecard-ceo-release-jail-345966
     
  7. mood

    mood Updates Team

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    'The money's gone': Wirecard collapses owing $4 billion
    June 25, 2020
    https://www.reuters.com/article/us-...ecard-collapses-owing-4-billion-idUSKBN23W176
     
  8. mood

    mood Updates Team

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    UK fintech firms forced to suspend services after Wirecard collapse
    June 26, 2020
    https://www.reuters.com/article/us-...ervices-after-wirecard-collapse-idUSKBN23X2CM
     
  9. mood

    mood Updates Team

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    EU investigating German watchdog over Wirecard collapse
    June 26, 2020
    https://www.reuters.com/article/us-...watchdog-over-wirecard-collapse-idUSKBN23X184
     
  10. mood

    mood Updates Team

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    Wirecard digital currency services halted in UK
    June 29, 2020
    https://coingeek.com/wirecard-digital-currency-services-halted-in-uk/
    FCA: Requirements have been imposed on Wirecard’s authorisation
     
  11. mood

    mood Updates Team

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    German accountancy watchdog washes hands of Wirecard debacle
    The accounts examiner has denied any accountability for the scandal
    July 3, 2020

    https://www.zdnet.com/article/german-finance-accountancy-watchdog-washes-hands-of-wirecard-debacle/
     
  12. mood

    mood Updates Team

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    Jailed executive in Wirecard scandal offers confession, lawyer says
    July 16, 2020
    https://www.reuters.com/article/us-...l-offers-confession-lawyer-says-idUSKCN24H35T
     
  13. mood

    mood Updates Team

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    Stripe wins business following Wirecard's collapse
    July 17, 2020
    https://www.reuters.com/article/us-...ss-following-wirecards-collapse-idUSKCN24I1CM
     
  14. Rasheed187

    Rasheed187 Registered Member

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  15. mood

    mood Updates Team

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    Wirecard Hires Alix Partners for Forensic Investigation: Sources
    July 21, 2020
    https://www.nytimes.com/reuters/2020/07/21/business/21reuters-wirecard-accounts.html
     
  16. mood

    mood Updates Team

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    'World's Most Wanted Man' Involved in Bizarre Attempt to Buy Hacking Tools
    July 21, 2020
    https://www.vice.com/en_us/article/...d-bizarre-attempt-to-buy-hacking-team-spyware
     
  17. mood

    mood Updates Team

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    Prosecutors arrest three in Wirecard criminal enterprise
    July 22, 2020
    https://www.msn.com/en-gb/money/oth...e-in-wirecard-criminal-enterprise/ar-BB173tPw
     
  18. mood

    mood Updates Team

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    German regulator examines auditor EY over Wirecard accounts
    August 3, 2020
    https://www.reuters.com/article/us-...ditor-ey-over-wirecard-accounts-idUSKBN24Z1QL
     
  19. mood

    mood Updates Team

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    Bankrupt Wirecard to lay off half of its German staff
    August 25, 2020
    https://www.thelocal.de/20200825/bankrupt-wirecard-to-lay-off-half-of-its-german-staff
     
  20. mood

    mood Updates Team

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    Wirecard ordered to stop payment services in S'pore
    MAS also tells insolvent German firm to return all customers' funds by Oct 14
    October 1, 2020
    https://www.straitstimes.com/busine...ard-ordered-to-stop-payment-services-in-spore
     
  21. mood

    mood Updates Team

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    German lawmakers to quiz ex-Wirecard boss on Berlin's role
    November 19, 2020
    https://www.nasdaq.com/articles/german-lawmakers-to-quiz-ex-wirecard-boss-on-berlins-role-2020-11-19
     
  22. mood

    mood Updates Team

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    Germany promises to probe audit regulator's Wirecard dealings
    December 11, 2020
    https://www.rte.ie/news/business/2020/1211/1183855-germanys-wirecard/
     
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