February 13, 2025

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Spying claims are latest twist in Germany’s Wirecard thriller

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Spying claims are latest twist in Germany's Wirecard thriller

Photo caption: Wirecard was busted for what accountants described as an “elaborate and sophisticated fraud”. PHOTO: AFP.

BERLIN (AFP) – The plot thickens in the spectacular collapse of payments provider Wirecard: The Austrian man at large over Germany’s worst financial fraud scandal may also have had links to secret services.

Mr Jan Marsalek, Wirecard’s former chief operating officer, has vanished since the technology company was busted for what accountants described as an “elaborate and sophisticated fraud”.

Once a darling of the fintech scene, the payments provider filed for insolvency in June after being forced to admit that 1.9 billion euros (S$3 billion) missing from its accounts likely did not exist. […]

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