FRANKFURT, July 22 (Xinhua) -- The Munich public prosecutor said on Wednesday that three former executives of German payment company Wirecard have been arrested as investigations into the company's commercial fraud case made progress.
The newly-issued arrest warrants were aimed at former CEO Markus Braun and two other former executives, who face charges of organized fraud and market manipulation, German Press Agency dpa quoted a spokesperson from the prosecutor's office as saying.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
