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Wirecard fraud: Germany’s group SdK filed criminal complaints against the Ernst & Young auditors

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  • News Wirecard fraud: Germany’s group SdK filed criminal complaints against the Ernst & Young auditors

    Germany’s small shareholder lobby group SdK on Friday said it filed criminal complaints against the EY auditors who signed Wirecard’s accounts between 2016 and 2018, accusing them of violating professional duties. Accounts published by Wirecard showed that five different EY partners signed its accounts over the past five years. Among them is Andreas Loetscher, who co-led EY’s audits into Wirecard between 2015 and 2017 and a year later joined Deutsche Bank as chief accounting officer.

    https://www.ft.com/content/a9deb987-...1-47ed8942e83b

  • #2
    I would guess about 5 to 10 will go to prison. Remember ENRON???

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    • #3
      But the stock is up today 150% ?

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