Wirecard employees hauled millions of euros of cash out of the group’s Munich headquarters in plastic bags over a period of years, according to former employees, suggesting that the payments company was looted even more brazenly than previously known.
The once high-flying fintech, which at its peak was worth €24bn, went bust last summer in one of Germany’s biggest accounting frauds. It collapsed after discovering that €1.9bn of corporate cash did not exist and that parts of its business in Asia were a sham.
Source: Wirecard employees removed millions in cash using shopping bags | Financial Times
