Jan Marsalek

8 results

German finance minister Olaf Scholz (centre), arrives as a witness in front of a parliamentary committee of inquiry investigating the Wirecard scandal. Photograph: John MacDougall/AFP

German federal finance minister Olaf Scholz has denied he carries any personal responsibility for the collapse of Wirecard, despite being the ultimate(...)

Police “wanted” poster of former Wirecard chief operating officer Jan Marsalek. Wirecard declared bankruptcy last year following revelations of deceptive accounting to the tune of €2 billion. Photograph: Sean Gallup/Getty

It takes just seconds for hardcore Wirecard junkies to spot the greatest fake of The Great Fake, a new docudrama into Germany’s greatest postwar busi(...)

Police “wanted” poster of former Wirecard chief operating officer Jan Marsalek. Wirecard declared bankruptcy last year following revelations of deceptive accounting to the tune of €2 billion. Photograph: Sean Gallup/Getty

Wirecard’s fraud started more than a decade before the German payments company imploded, as some senior managers began establishing a network of offsh(...)

Munich prosecutors are still searching for Wirecard’s former chief operating officer Jan Marsalek, who disappeared shortly after the company disclosed on June 18th  it was missing €1.9bn in cash. Photograph:  EPA

Wirecard’s former chief financial officer Burkhard Ley, who held the role for more than a decade, has been released on bail after spending more than t(...)

German authorities say missing Wirecard executive Jan Marsalek, who vanished just as the digital payments company collapsed, may be an informer for Austria’s intelligence agency. Photograph: Clemens Bilan/EPA

German authorities say a missing Wirecard manager, who vanished just as the digital payments company collapsed, may be an informer for Austria’s intel(...)

Wirecard collapsed into insolvency on June 25th after admitting that about €1.9 billion in cash was missing from its accounts. Photograph:  Christof Stache

The German parliament is to hold a full inquiry into the collapse of the disgraced payments company Wirecard, in a move that will keep the affair at t(...)

An Post has frozen 50,000 pre-payment cards issued to customers over the past three years as the German Wirecard scandal spread to include Irish consumers.  Photograph: Andreas Gebert/Bloomberg

An Post has frozen 50,000 pre-payment cards issued to customers over the past three years as the German Wirecard scandal spread to include Irish consu(...)

Markus Braun, who spearheaded Wirecard’s meteoric growth, has resigned as chief executive. Photograph: EPA/Philipp Guelland

Wirecard’s chief executive Markus Braun has resigned with immediate effect as the payment group’s share price continued to collapse a day after it rev(...)