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Here's another possible scandal involving a Munich-based mobile payment processor, Wirecard.
A whistleblower alerted their compliance team abt suspicious transactions in Asia, & their head of Int'l Finance in Singapore was accused of cooking the books for other Asian entities.
A whistleblower alerted their compliance team abt suspicious transactions in Asia, & their head of Int'l Finance in Singapore was accused of cooking the books for other Asian entities.
There was an inquiry/internal investigation started in April 2018 of Wirecard's Singapore office and they found evidence of forgery, potential #MoneyLaundering, and other accounting irregularities.
archive.is/lEPam
archive.is/lEPam
The reports do not mention where exactly in Asia and don't mention who those other entities were.
Hmmm, why is my hunch telling me to look at #China?
Just did a quick search on Wirecard and welp, my gut was right, LOLOLOL
Of course this isn't proof of anything, but there are several direct links to China. They collaborated with AliPay and are also partnered with Tencent and WeChat.
en.wikipedia.org/wiki/Wirecard
Of course this isn't proof of anything, but there are several direct links to China. They collaborated with AliPay and are also partnered with Tencent and WeChat.
en.wikipedia.org/wiki/Wirecard
Wanna bet we find out in the future that money was laundered into China and/or somewhere or someone else connected to China?
Just another source that shows Wirecard partnered with China's Tencent and WeChat:
verdict.co.uk/cards-internat…
verdict.co.uk/cards-internat…
Looks like Twitter is breaking up my thread because I can't see this additional comment I just added:
