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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

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