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Wirecard ‘fintech’ CEO arrested after regulators find $2 billion missing

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Wirecard ‘fintech’ CEO arrested after regulators find $2 billion missing

The company had transformed itself from handling payments for online gambling and adult entertainment sites into a $20 billion ‘fintech’ firm.

Image: Markus Braun

Markus Braun posing at Wirecard headquarters in Aschheim near Munich, southern Germany, on Sept. 18, 2018. More than 5,000 staff are due to be paid at the end of June, and bankers would decide before then whether to pull the plug and trigger insolvency on the company, sources say.Christof Stache / AFP – Getty Images file

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