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Wirecard Scandal: Trial of Marsalek and other Austrian Entrepreneurs to Begin
The Wirecard criminal trial in what is believed to be the biggest fraud case in Germany since 1945 begins in Munich. The public prosecutor's office accuses the former Wirecard CEO, Austrian Markus Braun, and his two co-defendants of forming a criminal gang, falsifying the group's balance sheets and cheating lenders of 3.1 billion euros
Some of Europe's most wanted fugitives, including the former COO of Wirecard AG, Jan Marsalek (middle row, 2nd from left). / Picture: © Europol / 2021 Europe's most wanted
Accused ex-CEO Braun, head of Wirecard subsidiary in Dubai Oliver Bellenhaus and the former chief accountant, as well as the fugitive head of sales Jan Marsalek. Braun and Bellenhaus are in custody.
The Fourth Criminal Chamber of the Munich Regional Court has scheduled around 100 trial days into 2024. The five-hour reading of the 89-page indictment is essentially scheduled for…
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