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The Independent UK
The Independent UK
National
Via AP news wire

Ex-Wirecard boss on trial in fraud case that shamed Germany

(c) Copyright 2022, dpa (www.dpa.de). Alle Rechte vorbehalten

The former chief executive of financial services company Wirecard and two other ex-managers went on trial Thursday over the firm's collapse in what has been described as the biggest case of fraud in post-war Germany.

Wirecard was long the darling of Germany's fintech scene until it filed insolvency proceedings in 2020, saying 1.9 billion euros that had been on its balance sheet could not be found.

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