Wirecard: insolvency administrator puts ex-CEO Braun in trouble – economy

Wirecard scandal

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Insolvency administrator brings ex-CEO Braun in distress

Turn of the year

Markus Braun, former Wirecard CEO, had to testify in the Bundestag investigation committee a year ago.

(Photo: Michael Kappeler / dpa)

Wirecard insolvency administrator Jaffé classifies alleged payment transactions in the billions as “fictitious”. That could reduce Braun’s chances of getting out of custody soon.

from

Jan Diesteldorf, Christoph Giesen, Lena Kampf, Klaus Ott, Jörg Schmitt and Nils Wischmeyer, Munich

One of the most incredible stories in Wirecard’s scandalous chronicle takes place in a dance bar called the Hedgehog. The establishment is located on Clive Street in Singapore’s Little India district. Seven young women in skimpy outfits pose on the restaurant’s Facebook page – as nurses, nuns or Playboy bunnies. Other photos show the ladies as belly-free Santa Clauses or as little devils.

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