{"id":14189,"date":"2020-06-24T15:07:00","date_gmt":"2020-06-24T12:07:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ex-wirecard-ceo-markus-braun-released-on-5-6-million-bail\/"},"modified":"2020-06-24T15:07:00","modified_gmt":"2020-06-24T12:07:00","slug":"ex-wirecard-ceo-markus-braun-released-on-5-6-million-bail","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ex-wirecard-ceo-markus-braun-released-on-5-6-million-bail\/","title":{"rendered":"#Ex-Wirecard CEO Markus Braun released on $5.6 million bail"},"content":{"rendered":"

“#Ex-Wirecard CEO Markus Braun released on $5.6 million bail<\/strong>”<\/p>\n

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June 24, 2020 |<\/span> 8:07am <\/p>\n

\n Join the New York Post and Mansion Global for a live conversation on how COVID-19 has affected top real estate markets in the US, Friday, 6\/26 @ 12 p.m. EST. Register here.<\/p><\/div>\n
\n Former Wirecard CEO Markus Braun was released on bail following his arrest in connection with the payments company\u2019s $2.1 billion accounting scandal, reports say.<\/p>\n

Braun, 50,\u00a0 posted his bail of 5 million euros ($5.6 million) on Tuesday, a day after he turned himself in to German prosecutors who accused him of falsifying income to make Wirecard more attractive to investors, according to multiple news<\/a> reports.<\/p>\n

Munich prosecutors lifted an arrest warrant against Braun,\u00a0 who resigned from Wirecard last week, even as they continued to investigate him, Reuters reported. Authorities say he used bogus income from transactions to inflate Wirecard\u2019s sales volume and assets.<\/p>\n

Braun was arrested the same day Wirecard admitted 1.9 billion euros that went missing from its accounts likely never existed. That followed the payment processor\u2019s Thursday revelation that its auditor refused to sign off on its 2019 accounts over the missing cash, kickstarting a downward spiral.<\/p>\n

German prosecutors are also probing the rest of Wirecard\u2019s former management board \u2014 including ex-chief operating officer Jan Marsalek, whom the company fired Monday, the Financial Times reported. Marsalek is said to be in the Philippines and looking for records to clear up the case, according to Germany\u2019s S\u00fcddeutsche Zeitung newspaper.<\/p>\n

The massive accounting scandal has caused Wirecard\u2019s stock price to plunge more than 80 percent in just five trading days. The company\u2019s shares were trading below 15 euros Wednesday morning, down from about 191 euros in 2018.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Source<\/a><\/span><\/p>\n

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“#Ex-Wirecard CEO Markus Braun released on $5.6 million bail” June 24, 2020 | 8:07am Join the New York Post and Mansion Global for a live conversation on how COVID-19 has affected top real estate markets in the US, Friday, 6\/26 @ 12 p.m. EST. Register here. Former Wirecard CEO Markus Braun was released on bail…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[26807],"class_list":["post-14189","post","type-post","status-publish","format-standard","hentry","category-general","tag-ex-wirecard-ceo-markus-braun-released-on-5-6-million-bail"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/14189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=14189"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/14189\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=14189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=14189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=14189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}