Tag: Christo Grozev

The conviction of three Bulgarian nationals in London has shed new light on the murky intersection between financial fraud and Russian espionage. A jury at the Old Bailey found the three guilty of spying for Russia, operating as part of a sophisticated intelligence network allegedly orchestrated by Wirecard’s fugitive COO, Jan Marsalek. Investigators revealed that Marsalek, who fled Germany in 2020 following the collapse of Wirecard, directed espionage operations across Europe.

In a high-stakes espionage thriller, Austria finds itself at the epicenter of what might be its most significant intelligence scandal in decades. This scandal intriguingly intertwines with the spectacular collapse of the German fintech giant, Wirecard, presenting a complex saga of espionage, alleged fraud, and political oversight failures. Central to this narrative are two figures: Jan Marsalek, the former COO of Wirecard.