Skip to Primary Navigation

Wirecard trial opens new chapter in one of Europe’s biggest accounting scandals

Markus Braun, former Wirecard CEO
Markus Braun, former CEO of Wirecard, testifies in front of the Bundestag. Photo: Filip Singer – Pool/Getty Images

Former fintech executives face charges in high-security courtroom designed to house terrorist trials.

On the outskirts of Munich, in an underground courtroom with a bombproof ceiling, the trial of Wirecard executives began on the morning of December 8, 2022. On trial are Markus Braun, the payment company’s former chief executive; Oliver Bellenhaus, former head of the Dubai subsidiary; and Stephan von Effra, former

The