German MPs grill ex-Wirecard boss over massive fraud

Markus Braun, the former chief executive of disgraced payments giant Wirecard, faced a public grilling by German lawmakers Thursday over the massive accounting fraud that brought down his firm.



a man wearing a suit and tie: Markus Braun, the former chief executive of collapsed payments provider Wirecard, will face German lawmakers on Thursday


© Christof STACHE
Markus Braun, the former chief executive of collapsed payments provider Wirecard, will face German lawmakers on Thursday

Wirecard collapsed in June after it was forced to admit 1.9 billion euros ($2.2 billion) missing from its accounts did not exist, and MPs have opened a full parliamentary inquiry into possible regulatory failings that allowed the cheating to go unnoticed for years.

Austria-born Braun began his testimony at the Bundestag lower house of parliament, which was also open to the media, at 1:30 pm (1230 GMT).

He had travelled to Berlin from the Bavarian city of Augsburg, where he is in pre-trial detention on suspicion of organised commercial fraud and market manipulation.

Absent from the proceedings was fellow prime suspect

Read More

An Insurance coverage Company For Your Automobile And Extra

If you are bringing your brick and mortar store online or planning to launch an eCommerce store, having a advertising technique in place would enhance your chances of success. Want to discover a profitable area of interest enterprise thought this week? Be part of my free on-line course Find a Worthwhile Enterprise Idea at this time. A business broker is somebody who assists consumers and sellers of privately owned companies in the buying and promoting process. As such, he or she should have a great knowledge of enterprise legislation and customary practices in the specific trade. Enterprise brokers are rewarded with commissions for the gross sales they make.

Definite loss: The loss takes place at a known time, in a identified place, and from a known trigger. The classic example is the demise of an insured person on a life insurance policy. Fireplace , car accidents , and worker injuries … Read More

How to Sell a House You Inherited in Denver, Colorado – the reality behind probate

By Denver, Colorado Cash House Buyer

Selling an inherited home in Denver, Colorado Cash House Buyer is not as easy as people think! Read on to learn how to sell a house you inherited in Denver, Colorado…

First of all, there is always that emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to attract potential buyers.

Usually heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.

Therefore we at Lincoln Homes Forsyth LLC have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Denver, … Read More

Subscribe US Now