editor in the economy of the Frankfurt General Sunday newspaper.F. A. Z.
in The end, everything went extremely fast at Wirecard. Less than two weeks, at least, the very big optimists, among the shareholders could still hope that somehow everything will turn. On Thursday, the 18. June, then began the final crash of the Wirecard AG stock. Instead of publishing finally made its overdue financial statements, confessed to the group that on trust accounts in Asia, the cash balance of 1.9 billion euros, without a trace disappeared. The sum corresponded to approximately a quarter of the total balance sheet of Wirecard.
Now it went blow on blow: the resignation of his followers acclaimed years of "Masterminds" brown, an arrest warrant against the Manager who is now on bail and eventually the bankruptcy petition. The flash-From for Wirecard stands in a strange contrast to the long history of this scandal to the payment service provider of the Munich suburb of Aschheim: in the summer of 2008, rumors in the case of Wirecard dubious-balance-running shenanigans were, for a bout of weakness in the stock.Updated Date: 28 June 2020, 06:20