The Wirecard AG (WDI:DE) saga has gone from bad to worse as allegations of profound fraud cratered the company when its auditor, EY, uncovered a misplaced €1.9 billion in funds. Since the clear operational failure, the former CEO, Markus Braun, has been arrested and… Read More
Markus Braun has resigned his position as CEO of Wirecard AG (WDI.DE), effective immediately. The news came the day after the company posted that it could not account for €1.9 billion and the auditor, EY, claimed there had been attempts to deceive its work. Yesterday,… Read More
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