Corporate Governance, Criminal Transactions, Financial Institutions / 03.08.2020
Wirecard scandal: the German fintech firm linked to Maltese gambling companies used to launder money for the Mafia
After the fraud scheme, Wirecard’s links to the Italian Mafia have also been discovered. The firm processed payments for Maltese gambling companies that laundered money for the Ndrangheta. A good ESG analysis would have been effective in detecting Wirecard's controversies. The German payment service provider Wirecard, which went bankrupt...