No. 2 Exec Missing From Company That Vanished $2 Billion

PLOT THICKENER

Tracy Connor

Published Jul. 03, 2020 8:09PM EDT

Lennart Preiss/Getty

The scandal over $2 billion missing from Wirecard’s balance sheet has taken another intriguing turn with a report that the fintech giant’s former No. 2 executive is in the wind. Jan Marsalek, the chief financial officer, stopped answering messages around the time that auditors were set to reveal they could not account for the massive sum. The Wall Street Journal reports that immigration records show Marsalek entered the Philippines on June 23, the day after he was fired, but authorities believe the logs were faked. Wirecard’s ex-CEO, Markus Braun, has been arrested and accused of inflating the German company’s bottom line; he denies wrongdoing.

Read it at The Wall Street Journal

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No. 2 Exec Missing From Company That Vanished $2 Billion

Tracy Connor

Lennart Preiss/Getty