Wirecard ex-CEO rearrested

Wednesday, 22. July 2020 16:16

The Munich prosecutor's office announced on Wednesday it arrested three former executives of Wirecard AG, including ex-CEO Markus Braun.

The authorities said that the arrests were conducted due to the "considerable" expansion of the charges regarding the falsification of Wirecard's transactions, which are thought to have begun in 2015.

Braun was previously released on a €5 million bail in June.

Related Links: Wirecard AG
Author:
Breaking the News / MD