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‘The money’s gone’: Wirecard collapses owing $5.8 billion – Sydney Morning Herald
The collapse of Wirecard, once one of the hottest fintech companies in Europe, has been labelled an “elaborate and sophisticated fraud” by its auditor EY.
EY said while it was completing the 2019 audit, it was provided with false confirmations with regard to escrow accounts and reported them to the relevant authorities.
Wirecard declined to comment fo…
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