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Institutional Investors Look For Recourse From Wirecard

by swfinstitute.org posted 12months ago 66 views
Munich-based Wirecard AG imploded in June 2020 after its long-time auditor EY GmbH (EY) would not sign off on its 2019 accounts over fund verification, admitting that €1.9 billion in cash receipts probably never existed. That revelation set off dominoes which led to the eventual fall of Wirecard. Wirecard subsequently filed for insolvency owing debts […]

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