Markus Braun

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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(...)

Wirecard owes a consortium of banks €2billion, and has a further €1.4billion of debt outstanding.

German fintech company Wirecard has filed for insolvency after admitting it had lost €1.9 billion from a largely fictional balance sheet. Its demise (...)

Markus Braun reported himself to German prosecutors on Monday evening. Photograph: Michaela Handrek-Rehle/Bloomberg

Wirecard chief executive Markus Braun has been released on €5 million bail after his arrest in connection with a suspected fraud of nearly €2 billion (...)

The company’s stock has plummeted 75 per cent since EY refused to sign off its 2019 accounts last week

Scandal-hit German payments firm Wirecard was left fighting for survival on Monday after acknowledging that €1.9 billion it had reported as assets pro(...)

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(...)

Shares in the German technology groupwere only two years ago was welcomed into the prestigious Dax 30 index. Photograph: EPA

Shares in German electronic payments company Wirecard plunged as much as 71 per cent on Thursday as the group revealed that its auditors in EY had ref(...)

Wirecard has dismissed the allegations made by the Financial Times. Photograph: Getty

German payments company Wirecard has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team ha(...)

Germany’s Marco Reus receives medical treatment towards the end of Germany’s win over Scotland. Photograph: Ina Fassbender/Reuters

Germany’s Marco Reus has been ruled out for a month with the ankle ligament injury he suffered during Germany’s 2-1 win over Scotland on Sunday.The 25(...)