FILE PHOTO: A man walks past the Wirecard booth at the computer games fair Gamescom in Cologne, Germany, August 22, 2018. REUTERS/Wolfgang Rattay/File Photo
- It did not provide further details but said Wirecard North America is a separate legal and business entity of Wirecard and is “substantially autonomous” from the German company, adding that it remains “self-sustaining”. Last week, Wirecard filed for insolvency owing creditors almost $4 billion after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.
The company said on Saturday it would proceed with business activities after the insolvency filing and an administrator was appointed on Monday.
This photo speaks... big code here.
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