Wirecard - updates

Rappler's latest stories on Wirecard

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Spying claims are latest twist in Germany's Wirecard thriller

Jul 10, 2020 - 11:55 PM

(UPDATED) Wirecard's former chief operating officer Jan Marsalek reportedly had access to highly confidential information, with reports pointing to his links to secret services

U.S. examines possible Wirecard link to bank fraud case – report

Jul 09, 2020 - 12:55 PM

American officials are reportedly examining Wirecard's possible connection to two principals behind the Online Marijuana Marketplace Company who were indicted for laundering

Germany makes new arrest in Wirecard collapse

Jul 06, 2020 - 11:40 PM

German prosecutors say the managing director of Wirecard's Dubai-based subsidiary Cardsystems Middle East FZ-LLC was arrested on suspicion of serious fraud

Germany vows to beef up finance watchdog after Wirecard drama

Jul 05, 2020 - 11:55 PM

'We need far-reaching reforms,' says German Finance Minister Olaf Scholz

Ex-Wirecard COO was not in PH in June; immigration data faked

Jul 04, 2020 - 6:33 PM

(UPDATED) The immigration officers who encoded Jan Marsalek's supposed flight records have been fired

WIRECARD. Picture taken on September 18, 2018 shows the company logo at the headquarters of the technology and financial services company Wirecard in Aschheim near Munich, southern Germany. Photo by Christof STACHE / AFP


Wirecard administrator eyes piece-by-piece sell-off

Jul 01, 2020 - 10:55 PM

'Many investors from all over the world have already signaled interest in buying the core business or independent business areas,' says lawyer Michael Jaffe, designated as Wirecard administrator

Critics' ire turns on auditor EY after Wirecard collapse

Jun 28, 2020 - 10:15 PM

EY, which had been checking Wirecard's books since 2009, now faces legal challenges of its own

Wirecard to continue operating despite filing for insolvency

Jun 28, 2020 - 8:00 AM

'The management board is of the opinion that continuation is in the best interests of the creditors,' says scandal-hit German firm Wirecard

Brussels probes German regulator over Wirecard scandal

Jun 26, 2020 - 10:55 PM

(UPDATED) The European Securities and Markets Authority will examine whether Germany's regulatory responses to early signs that Wirecard was in trouble 'were adequate to protect investor confidence in EU securities markets'

BI records show ex-Wirecard COO in PH on June 23 but no CCTV footage of arrival

Jun 26, 2020 - 6:16 PM

(UPDATED) Justice Secretary Menardo Guevarra says Philippine authorities have yet to determine if this was due to a technical glitch or if the records were deliberately tampered to set investigators on the wrong course

SCANDAL. German payments provider Wirecard is embroiled in what is called the largest fraud case in recent history.


Key dates in Germany's Wirecard fraud scandal

Jun 26, 2020 - 3:25 PM

Here are the key developments that led to Wirecard's demise

5 things to know about the Wirecard scandal

Jun 25, 2020 - 11:05 PM

Here are the key facts about the scandal involving German payments provider Wirecard, which has reached the Philippines

Accused of 'elaborate fraud,' Wirecard files for insolvency

Jun 25, 2020 - 10:20 PM

(UPDATED) The Wirecard saga continues with the German payments provider facing 'impending insolvency and overindebtedness'

Ex-Wirecard COO Jan Marsalek may be in Philippines

Jun 24, 2020 - 5:30 PM

The DOJ finds 'something curious' in immigration records. The NBI and AMLC are investigating other individuals possibly involved in one of the largest fraud cases in recent history.


Wirecard 'trustee' Tolentino: I'm a victim of a frame-up, identity theft

Jun 23, 2020 - 11:30 PM

'I'm not very familiar [about the issue] because I'm not a stock expert, but they (Wirecard) used my documents to justify in Germany that they are a big company,' says Filipino lawyer Mark Tolentino


Ex-CEO of scandal-hit Wirecard freed on bail in Germany

Jun 23, 2020 - 5:25 PM

(UPDATED) Munich prosecutors believe Markus Braun artificially 'inflated' Wirecard's assets and sales volumes through 'fake transactions...in order to make the company seem financially stronger'

RESIGNED. Markus Braun, CEO of the technology and financial services company Wirecard, poses at the company's headquarters in Aschheim near Munich, southern Germany. Photo by Christof Stache/AFP

Mark Tolentino, Wirecard trustee, denies irregularities

Jun 23, 2020 - 10:00 AM

'MKT Law adamantly denies knowledge and participation in any alleged irregularity arising from news reports that Certificates of Deposits issued by BPI and BDO...were spurious,' says Mark Tolentino's camp

BPI suspends employee over possible Wirecard scandal involvement

Jun 22, 2020 - 7:20 PM

'The employee who may have played a part in the preparation of [falsified documents] has been suspended and is under investigation,' says BPI


Scandal-hit Wirecard says missing 1.9 billion euros may not exist

Jun 22, 2020 - 3:30 PM

(3rd UPDATE) Wirecard says further examination shows 'there is a prevailing likelihood that the bank trust account balances in the amount of 1.9 billion EUR do not exist'

Picture taken on September 18, 2018 shows the company logo at the headquarters of the technology and financial services company Wirecard in Aschheim near Munich, southern Germany. (Photo by Christof STACHE / AFP)

Philippine banks deny holding Wirecard's missing $2.1 billion

Jun 19, 2020 - 7:46 PM

BDO and BPI say German payments firm Wirecard is not their client

File photo

CEO of scandal-hit Wirecard resigns

Jun 19, 2020 - 7:30 PM

Markus Braun 'resigned today with immediate effect,' the firm says in a statement, adding that the decision was made 'in mutual consent with the supervisory board'

Wirecard shares plunge on new Financial Times fraud allegations

Oct 15, 2019 - 5:56 PM

The Financial Times publishes internal communications and financial reports it says contained 'strong indications' hundreds of millions of euros of payments processed for some Wirecard clients 'could not have taken place'