By Christina Amann Wirecard ex-CEO Markus Braun and two other executives at the defunct German payments firm were ordered to pay 140 million euros ($155 million) in damages on Thursday over loans to an Asian business partner that were never repaid. A Munich court judge upheld claims by insolvency administrator Michael Jaffe that Braun and…
AML, Financial Crime, Financial Services
NEWS: Wirecard ex-CEO Braun, two others ordered to pay €140M in damages

Wirecard's former CEO Markus Braun arrives at a courtroom as his trial continues, after the German payments company collapsed in the wake of a fraud scandal in 2020, in Munich, Germany, December 12, 2022. REUTERS/Lukas Barth