Jan Marsalek | FinTelegram News

Tag: Jan Marsalek

March 8, 2025

Report: London Jury Convicts Three Bulgarian Agents of Spying for Russia

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.

February 11, 2025

Jan Marsalek: From Wirecard COO to Russian Spy—The Fugitive Who Outsmarted Europe!

Jan Marsalek, born on March 15, 1980, in Vienna, Austria, served as the Chief Operating Officer (COO) of Wirecard from 2010 until its collapse in 2020. An Austrian citizen, Marsalek was instrumental in expanding Wirecard's operations, particularly in Asia. However, his tenure ended in scandal when it was revealed that approximately €1.9 billion were missing from the company's accounts, leading to its insolvency.

February 11, 2025

Wirecard’s Ghost: Jan Marsalek’s Close Associate Testifies in Singapore Trial!

The Wirecard scandal continues to unravel as James Henry O’Sullivan, a British businessman and close confidant of fugitive Wirecard executive Jan Marsalek, takes the stand in a Singapore fraud trial. O’Sullivan, accused of falsifying escrow account records that allegedly contained billions in Wirecard reserves, revealed damning insights into Marsalek’s clandestine operations.

December 17, 2024

Breaking: BR Investigation Uncovers Wirecard and SoftSwiss Ties in Illegal Gambling Schemes!

A deep-dive investigation by Bavarian broadcaster BR has exposed significant connections between the collapsed Wirecard and Berlin-based SoftSwiss, run by Belarussian national Ivan Montik. The report, part of BR's Gambling without Rules series, highlights SoftSwiss' extensive role in operating illegal online casinos targeting Germany.

December 9, 2024

Wirecard Scandal Reignites: Markus Braun’s Release Demanded Amid Espionage Revelations

In light of recent court findings across multiple jurisdictions, it has become increasingly clear that the ongoing trial of former Wirecard CEO Markus Braun may be fundamentally flawed. The crux of this issue lies in the apparent failure to fully incorporate the now-established activities of fugitive ex-COO Jan Marsalek into the proceedings. This not only jeopardizes the fairness of Braun's trial but also risks obscuring the true nature and extent of the Wirecard scandal.

August 30, 2024

Wirecard Case: Former Auditor EY Faces €350 Million Collateral Demand in Wirecard Litigation!

Since December 2022, former Wirecard CEO Markus Braun and two former executives, Oliver Bellenhaus and Stephan von Erffa, have faced charges, including falsifying the group's balance sheets. According to the German prosecutors, the so-called third-party acquirer (TPA) "did not actually exist." The former COO Jan Marsalek remains on the run. Meanwhile, former auditor EY faces massive lawsuits.

August 25, 2024

Breaking: Israeli-Canadian Binary Options Fraudster Joshua Cartu Released by Russian Authorities!

On August 20, 2024, Joshua Cartu, 45, a prominent figure in the notorious Cartu Brothers‘ binary options fraud scheme, was detained in Russia. Court press service said Cartu was under an Interpol Red Notice due to accusations that he was part of a group that defrauded investors between 2013 and 2017. The Cartu Brothers operated the GreyMountain Management (GMM) Binary Options fraud scheme. On August 24, 2024, Cartu was released.

August 6, 2024

New Indictments in Wirecard Case: Former Executives Charged with Breach of Trust

The Wirecard trials in Germany continue unperturbed despite the confusion surrounding the espionage affair involving former Management Board member Jan Marsalek. Four years after Wirecard collapsed, former chief financial officer Alexander von Knoop and former chief product officer Susanne Steidl have been charged with breach of trust. The charges are part of the ongoing investigation into one of Europe’s largest accounting scandals.

July 5, 2024

Wirecard & The Forsyth Twist: Russian Espionage Allegations and Implications for CEO Markus Braun’s Trial!

As the trial of former Wirecard CEO Markus Braun unfolds in Munich, a new twist in the Wirecard saga emerges, intertwining financial scandal with espionage intrigue. Recent revelations by Austrian law enforcement have uncovered that Jan Marsalek, the fugitive former COO of Wirecard, allegedly paid €500,000 to "Austrian spies" in September 2017. This discovery has profound implications for the ongoing trial and raises questions about the extent of Russian involvement in the Wirecard collapse.

June 11, 2024

Wirecard Case: Markus Braun’s New Defense Lawyer Demands Inclusion of Espionage Allegations!

It had to happen. In the only reasonable twist, the Wirecard trial has seen a significant shift with the resignation of star defense lawyer Alfred Dierlamm. Reportedly, Dierlamm resigned due to financial constraints, leaving the defense of Markus Braun, the accused CEO of the collapsed Wirecard, in the hands of a new advocate, Theres Kraußlach. She has requested that the criminal file of fugitive Jan Marsalek be included.

April 10, 2024

The Espionage Web Ensnaring Wirecard: An Update of an Absurd Bankruptcy Case Around Austrians!

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.

April 4, 2024

The Wirecard Scandal: A Spectacular Espionage Drama Unfolds Around The Arrest of a Former Secret Service Agent!

In a plot twist worthy of a Cold War spy novel, the Wirecard saga has morphed from a run-of-the-mill financial scandal into an international espionage thriller. At the center of this intrigue is the elusive Jan Marsalek, the company's former COO, now painted as a mastermind spy for Russia, and the beleaguered ex-CEO Markus Braun, ensnared in a Munich courtroom drama that reads more like fiction than reality. The impact of the latest revelations around Marsalek on the Munich trial is not yet evident.

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.