Two more Wirecard executives charged over accounting scandal


A screen grab taken from a video on July 8, 2020 shows four members of the management board of Wirecard AG Chief Product Officer Susanne Steidl, former CEO Markus Braun, Chief Financial Officer Alexander von Knoop and current CEO James Freis during a statement in Aschheim, near Munich, Germany June 19, 2020. Wirecard Handout/Reuters TV via Reuters/ File Photo

MUNICH (Reuters) -German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany's biggest corporate scandals.

Wirecard collapsed in June 2020 over a 1.9 billion euro ($2.1 billion) hole in its balance sheet, shaking up Germany's business establishment and turning the spotlight on politicians who backed it, as well as regulators who took years to investigate allegations against the firm.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

These travel influencers don’t want freebies. They’re AI.
Social app RedNote expanding beyond China despite privacy concerns
Live shopping catches on in US with Kim Kardashian and�cookies
Amazon in talks to invest in OpenAI, source says
Grok spews misinformation about deadly Australia shooting
Blackstone leads investment in data-security firm Cyera at a $9 billion valuation, WSJ reports
AI romance blooms as Japan woman weds virtual partner of her dreams
Waymo in talks to raise billions at over $100 billion valuation, the Information reports
Hacking group 'ShinyHunters' threatens to expose premium users of sex site Pornhub
X Corp sues social media startup over bid to claim 'Twitter' brand

Others Also Read