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Whistleblowers accuse EY of whitewashing suspicious trades at longstanding client

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The Financial Times

6 min read

Two trades created for a workers co-op and a mystery €120,000 payment are central to an internal row at fintech Leonteq.

10 October, 2022 by Dan McCrum in London, Victor Mallet and Leila Abboud in Paris

Whistleblowers have accused EY of whitewashing suspicions of money laundering and tax evasion in an investigation it conducted this year for longstanding client Leonteq.

At the heart of the whistleblower complaints are two trades that the company,

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