Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company's $2 billion accounting scandal | Markets Insider

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Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company's $2 billion accounting scandal

follow prosecutors bringing up German Chancellor Angela Merkel's endorsement of Wirecard to Chinese officials back in September 2019, even though her top aides were aware of probes into its financial irregularities.earlier this monthAlongside Braun's second arrest, mystery remains about the whereabouts of Jan Marsalek, the company's one-time chief operating officer.

Here's how Wirecard went from analyst darling to a $2.2 billion accounting scandal - and cost SoftBank hundreds of millions in the process

 

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