Wirecard Scandal: Thousands of Investors Seek Compensation in Landmark Case
The Wirecard scandal, one of Germany’s largest financial fraud cases, sees thousands of investors seeking compensation as a landmark legal process commences. With 8,500 claimants pursuing 750 million euros in damages, interest in the trial is high, prompting a move to a former airport hall in Munich. The case also involves audit firm EY, which is accused of misleading investors. The aftermath of Wirecard’s downfall still resonates politically, given the firm’s prior prominence in Germany’s finance sector and the ongoing criminal trials of its key executives, including Markus Braun.