Fraser Perring | FinTelegram News

Tag: Fraser Perring

September 22, 2022

Introducing The Other Wire Card

The German Ruediger Trautmann was Wirecard’s COO between 2005 to 2010. According to the Zatarra Report, Trautmann incorporated numerous undisclosed companies in the Wirecard scheme during his tenure. One of these satellite companies was Wire Card UK Limited, where he served as a director from 2006 until its dissolution in 2010. This Wire Card UK did not belong to the German Wirecard Group but was part of the scheme. The similarity of the names was probably no coincidence.

August 24, 2022

New EML Payments CEO Emma Shand Confronted With Fraudulent Merchants!

On Twitter today, public-listed Australian payment processor EML Payments (www.emlpayments.com) is at the center of a discussion surrounding well-known Wirecard hunter Fraser Perring. It is about the accusation of fraudulent merchants and KYC issues in the EML network. Last year, EML acquired Sentenial and its open banking brand Nuapay for A$112.7M. However, EML Payments announced it discovered fraudulent merchants within the Sentenial direct debit processing business.

June 20, 2022

FCA-Regulated German PPRO Appoints New Chief Financial Officer

The FCA-regulated e-Money Institution PPRO Financial is controlled by the German PPRO Holding GmbH and has affiliated companies in Europe, Asia, North and South America. The company was co-founded by Tobias Schreyer. In January 2021, the company announced a $180 million in funding at a valuation of more than $1 billion. Recently, the company appointed former Wayfair Europe finance executive Rahul Raswant as its new Chief Financial Officer (CFO). He takes over from Goetz Moeller, who will be stepping down after over 3 years at the firm.

September 22, 2020

GRENKE Case – Smoking gun probed by German BaFin

The German regulator BaFin has announced that it will examine the allegations made by short-seller Fraser Perring about a report of his Delaware registered Viceroy. The German watchdog would have learned from Wirecard, says Raimund Roesler, who is responsible for banking supervision at BaFin. They would now probe the allegations raised by the report.

September 21, 2020

Grenke Case – Founder voluntarily suspends his supervisory board mandate

The Viceroy Report of the short-seller Fraser Perring, 46, about the listed German GRENKE AG has first personnel consequences. Company founder Wolfgang Grenke, 69, resigns from the company's supervisory board with immediate effect until the accusations have been cleared up. The company, founded in 1978, also announced a special audit by an independent auditing firm. After Wirecard, GRENKE is the second German target of the short seller from London. And it is again a powerfully executed but better-prepared attack.

September 19, 2020

GRENKE Case – The Smoking Gun was found in Vienna

The Viceroy report accuses the public GRENKE AG and its founder Wolfgang Grenke of running a malicious business model along with balance sheet manipulation and money laundering. The core of the accusations is actually rather identical to the accusations that Perring had also rightfully made against Wirecard. Perring is first and foremost a professional short seller and uses its analyses as a means to an end. And he does not deny that at all. In Vienna, the smoking gun in the GRENKE Case could have been discovered with CTP GmbH.

September 18, 2020

Grenke Case – The Vienna Connections of an alleged fraud scheme

A few days ago Fraser Perring and his Viceroy exposed the alleged fraud surrounding Wolfgang Grenke's listed German company GRENKE AG. One of the central accusations is that the GRENKE AG is said to have continuously taken over companies that were previously founded by Wolfgang Grenke and/or associated persons and companies. These takeovers by the listed GRENKE AG would therefore have been transactions with affiliated and/or related companies and indivuduals.

June 23, 2020

Markus Braun and Wirecard – The Endgame

In the end, it was just too much! After it became known that Wirecard had refused to grant the EY a certificate because the group was apparently lacking €1.9 billion, the share price plummeted by more than 60% within a few minutes. Initially, CEO Markus Braun spoke of a possible gigantic fraud in which Wirecard could have been the victim. On Monday, 22 June 2020 Markus Braun was arrested.

Wirecard

May 6, 2020

Attention: Wirecard closes down a key Dubai subsidiary to reduce “corporate complexity”

Dubai - a popular place for its secrecy - is a hot spot for Wirecard. In recent years, the tax haven has developed into a payment hub that is strongly linked to the Asian region as well as to Israel. The Financial Times revealed in 2019 that actually a significant part of Wirecard's processed transaction volume is acquired and processed via its subsidiary in Dubai.

March 5, 2019

Wirecard Involvement In Illegal Binary Options Schemes (Part I)

FinTelegram has been taking action against the illegal broker schemes since early 2018 already. The US FBI estimates that retail investors were cheated with binary..

Financial Intelligence Report: The Disappearance of Magua Pay and Black Rabbit – A High-Risk Payment Processor in the Scam Broker Ecosystem

Magua Pay Inc., a Vancouver-based money services business (MSB license M21111044) operating under the brand Black Rabbit, has vanished from the digital landscape as of March 2025. Both its primary website (magua_pay.com) and Black Rabbit’s site are either under construction or offline, signaling potential operational collapse or regulatory pressure. FinTelegram exposed Magua Pay as a payment facilitator of broker scams and unauthorized broker schemes,

Investor Briefing: SilverArrows Group and its Expanding Network

SilverArrows Capital Group, a global investment and advisory firm associated with high-profile figures such as Thomas Limberger, Robert Schimanko, and William H. Shawn, has recently come under scrutiny due to its proximity to the scandalous bankruptcy of Rene Benko’s Signa Group. The firm and its key personnel maintain strong ties to two seemingly influential yet opaque organizations in Germany and Austria.

Breaking: The World Economic Council (WEC), Rene Benko, and Israeli Services!

The collapse of the once-largest European real estate development group SIGNA of the Austrian Rene Benko continues to reveal new layers of intrigue, financial entanglements, and power struggles. While some focus on the billions lost by high-profile investors, the investigative platform Wiener Zocker has now uncovered a particularly exclusive network that has continued to thrive in Benko’s shadow – the World Economic Council (WEC).

Crypto investments

Investor Briefing: Binance’s $2 Billion Investment from MGX and Trump Family Rumors!

On March 12, 2025, Binance, the world’s largest crypto exchange by trading volume, announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking its first institutional funding in its eight-year history. This transaction, executed entirely in an unspecified stablecoin, represents the largest single investment in a crypto company to date and signals a significant shift toward institutional adoption of digital assets.

Breaking: Financial Intelligence Report Exposing Austrian Connections to Major U.S. Financial Crimes

This report investigates the extensive Austrian connections to two of the largest financial fraud cases in U.S. history: the Manhattan Investment Fund (MIF) fraud and the Bernie Madoff Ponzi scheme. Austrian financiers Ronny Pecik and Robert Schimanko, through their M&A Privatbank, played key roles in the European feeder network that facilitated these financial crimes.