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Tag: Grenke

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 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.

September 16, 2020

Viceroy Report exposes German Grenke as the next Wirecard-like fraud case

Delaware registered Viceroy Research has once again published an obviously explosive analysis. The group around Fraser Perring is specialized in investigative financial research and was among the first to point out the irregularities in the German Wirecard scandal. Now Viceroy is revealing the irregularities at Grenke, a public-listed German financial services provider. The companies share price has collapsed as a result.

UNODC Report: Technology-Powered Cybercrime on the Rise in Southeast Asia!

The billion-dollar cyberfraud industry in Southeast Asia is booming, fueled by organized crime syndicates exploiting the latest in AI and cryptocurrency. The UNODC report notes that these criminal networks are outpacing government efforts to regulate and combat their operations. Urgent reforms and enforcement are needed to prevent further damage.

How U.S. Law Enforcement Infiltrated The International Crypto Scene!

In an unprecedented move, the FBI infiltrated the crypto world with its own token, NexFundAI, to crack down on market manipulation. This case marks a significant shift in crypto enforcement, signaling that law enforcement is evolving its tactics to keep pace with the complexities of the digital asset space. As more fraudsters are exposed, the crackdown on wash trades and pump-and-dump schemes is just beginning.

Breaking: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.