WIRECARD HEADQUARTERS RAIDED IN PROBE OF ACCOUNTING SCANDAL

Techlife NewsJuly 7, 2020

WIRECARD HEADQUARTERS RAIDED IN PROBE OF ACCOUNTING SCANDAL
Investigators searched the headquarters of German payment systems provider Wirecard and four other locations Wednesday as part of their probe of an accounting scandal that led to the arrest of the company’s longtime CEO and forced the firm to file for bankruptcy protection.

Twelve prosecutors were supported by 33 police officers as well as police IT experts in Wednesday’s raids, Munich prosecutors said. Five locations were searched — three in Germany, including Wirecard’s headquarters in the Munich suburb of Aschheim, and two in neighboring Austria.

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July 7, 2020