The first Wirecard indictment was approved by the competent court in Germany. The trial against Wirecard co-founder and CEO Markus Braun and his alleged accomplices will begin sometime in the next few months. Reading the excerpts of the indictment has shaken us a bit. For years, the German public prosecutor’s office has protected Wirecard. This indictment only scratches the surface of a global scheme with many more players. Evidently, the German prosecutors have no ambition to disclose it and only go for the low-hanging fruits.

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