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NEWS: Wirecard ex-CEO Braun, two others ordered to pay €140M in damages

Premium September 5, 2024

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

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NEWS: Europol says AI facial recognition technology could help stop ATM scams

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NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

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…

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Premium

NEWS: Europol says AI facial recognition technology could help stop ATM scams

 Premium

NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

Regulatory Watch News

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