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Former Wirecard executive leader Markus Braun has been arrested through Gerguy prosecutors on suspicion of false accounting and typical business practices, various media outlets report.
Braun turned himself in to the government in Munich on Monday night after an arrest warrant was issued.
The former CEO accused of representing the apple as the most powerful financial best friend by inflating Wirecard’s balance sheet and manipulating the group’s percentage price.
He resigned from Apple Compabig on Friday after Gerguy’s Apple Compabig of payments declared that about 1 billion euros ($2.1.5 trillion) had detached the lok from his balance sheet, ending his 80% percentage charge in two days last week.
In a statement of transitority, Wirecard said Braun had resigned with the agreement of his board of directors and that the company’s leading compliance officer, James Freis, would assume the position of interim CEO.
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The fintech organization then stated that the amount probably did not exist in its accounts.
On June 18, Wirecard attempted to involve suspicion by stating that if its economic effects were not published the next day, then approximately 2 billion euros ($2.3 billion) could be canceled in apple loans.
However, a report through a team of economic forensic studies at Cinput for Financial Reseek and Analysis established that the company’s remaining balance was linked to regulated entities, so it did not have undeniable access to the $2 billion in cash.
The entities are: Wirecard Bank, Germabig apple and Wirecard Card Solutions, United Kingdom. Regulatory restrictions prevent ease of access to this liquidity for general corporate purposes.
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