Tag Archives: Wolfgang Schirp

Wirecard Troubles in Germany – Class actions against the company and auditor EY adding to BaFin investigations

Wirecard Troubles in Germany – Class actions against the company and auditor EY adding to BaFin investigations

Not surprisingly, the turbulent times do not seem to be coming to an end soon for Wirecard. Already 2019 was dominated by accusations of balance sheet manipulation, shabby business practices, and compliance issues which were raised primarily by the Financial Times. Founder and CEO Markus Braun has always strictly rejected the accusations. Wirecard filed lawsuits and criminal complaints against the critics.