Tag: Wolfgang Schirp

Wirecard Drama Continues: Shareholders Take Legal Action Against EY in Germany for Alleged “Trickery!”

Auditors Charlene Lensburg - April 11, 2024

The Wirecard scandal, already infamous for its dramatic revelations and legal entanglements, unfolds a new chapter as former shareholders target EY, the erstwhile auditor of the now-defunct German FinTech giant. This legal move comes amidst growing concerns over EY's recent restructuring, which plaintiffs argue is a maneuver to shield itself from liability. At the same time, Wirecard is reportedly developing into an international espionage thriller centered around Jan Marsalek.

Wirecard Troubles in Germany – Class actions against the company and auditor EY adding to BaFin investigations

Compliance tamir - May 13, 2020

Not surprisingly, the turbulent times do not seem to be coming to an end soon for Wirecard. Already 2019 was dominated by accusations of balance sheet manipulation, shabby business practices, and compliance issues which were raised primarily by the Financial Times. Founder and CEO Markus Braun has always strictly rejected the accusations. Wirecard filed lawsuits and criminal complaints against the critics.

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