Wirecard’s wild week finally ends in insolvency filing

Wirecard AG filed for insolvency, the culmination of a stunning accounting scandal that led to the arrest of its CEO and left the German payment-processing firm unable to find over $2 billion missing from its balance sheet.

Original Article Posted at : https://www.accountingtoday.com/articles/wirecards-wild-week-finally-ends-in-insolvency-filing