March 20, 2025

The business lovers

Joseph B. Hash

Hunt for Ex-Wirecard Executive Jan Marsalek Goes Public in Germany

BERLIN—German investigators are inquiring the community to help them obtain Jan Marsalek, the elusive previous Wirecard AG government who prosecutors suspect played a central function in inflating the fintech company’s outcomes by reserving bogus profits for a long time.

The German payments team, which was briefly worthy of more than the country’s biggest bank, submitted for insolvency in late June after disclosing that more than $two billion of its dollars supposedly held in trustee-managed bank accounts was almost certainly bogus.