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Ex-Wirecard CEO denies charges in $2 bn fraud trial in Germany
short by Srishty Choudhury / on Monday, 13 February, 2023
Former CEO of Wirecard Markus Braun on Monday expressed regret over the collapse of the defunct payments company but denied all allegations as he took to the stand in Germany's biggest post-war fraud trial. Braun described the discovery of a €1.9 billion ($2 billion) hole in Wirecard's balance sheet as a "day of pain" for shareholders and employees.
read more at Reuters