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CoinGape 2020-06-19 11:35:14

Payment Giant Wirecard Missing $2.1 B On Balance Sheet

Wirecard, a Munich-based payment giant and the issuer of cards, is in trouble. Fears of its financial health have sparked a dump of its stock (GER: WDI)—listed at the Frankfurt Stock Exchange–after Ernest Young (EY), one of the top 4 auditing firms, discovered that it had misrepresented $2.1 billion of cash on its balance

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