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Wirecard AG: the missing EUR 1.9 billion and its aftermath

Research data: Wirecard AG: the missing EUR 1.9 billion and its aftermath

This dataset contains the same public evidence as the dossier: participants, relationships, events, assertions and sources. Qualifications, replies and known outcomes are retained in JSON, JSONL and CSV. The scope and method explain which original records were accepted; this is not a copy of the original archive.

published
26 oct 2026
records as of
21 oct 2026
entities
245
sources
105
cite entities.csv

Downloads

As of 21 October 2026. 476 claims · 245 parties · 369 connections · 50 events · 105 sources

Scope and method

Covers Wirecard AG, its subsidiaries, managers, shareholders, lenders, partners, auditors and supervisors, and the insolvency, civil and criminal proceedings that followed its collapse, from the company's incorporation in 1999 to records retrieved by 21 October 2026. It relies on the documents retained by one research collection, which its own records describe as incomplete; documents outside that collection were not read, and the special investigators' report is used as far as its retained text goes. The Munich criminal trial and several civil cases were still pending at the cutoff.

Every statement and relationship extracted from the retained documents was read and given a recorded decision, and each public claim was compared with the exact passage of its source document; German passages were rendered in English and checked against the original wording. Allegations were searched for across all retained document text for responses and outcomes, which are kept beside each claim. Sources other than allowlisted official records of German, European, British, Irish and Singapore authorities, courts and parliaments and the GLEIF register are identified by category only. Personal details such as birth dates, ages and private addresses, and private relatives of the persons named, are omitted; nationality is mentioned only where a court record or a reported allegation turns on it. The review was carried out by an AI editor without independent human review.

chronology

  1. The company that became Wirecard AG is incorporated in Berlin c-id-registration
  2. Wirecard shares are listed c-own-2018
  3. Wirecard buys XCOM and renames it Wirecard Bank c-bank-origin
  4. Wirecard AG is registered in Munich under HRB 169227 c-id-registration c-lead-2007-board
  5. Wirecard agrees to buy E-Credit Plus Pte. Ltd. of Singapore c-acq-ecredit
  6. Jan Marsalek joins the management board c-lead-2010-marsalek c-lead-2010-board
  7. Wirecard takes over the Newcastle Building Society prepaid card business and buys Systems@Work c-acq-newcastle c-acq-2011
  8. Wirecard signs agreements to buy the GI Retail payment business in India c-asia-gi-retail
  9. EY's concurrence memorandum on Wirecard's role in third-party acquiring c-aud-rp-concurrence
  10. The management board instructs EY's forensic service to carry out Projekt Ring c-asia-ring-mandate
  11. The purchase of Citi Prepaid Card Services closes c-acq-2017
  12. EY signs an unqualified opinion on the 2016 consolidated accounts c-asia-ring-opinion
  13. Preliminary law-firm report on the Singapore whistleblower allegations c-asia-sg-whistleblower
  14. EUR 1,750 million syndicated revolving credit facility c-fin-rcf-2018
  15. Wirecard AG enters the DAX 30 index c-id-dax
  16. The Financial Times reports the Singapore whistleblower allegations c-asia-sg-ft c-aud-rp-2018-audit
  17. BaFin bans short selling of Wirecard shares c-sup-short-ban
  18. BaFin fines Wirecard AG EUR 1.52 million for reporting breaches c-sup-fine-2019
  19. Binding term sheet for the SoftBank-linked convertible bond c-fin-softbank
  20. Wirecard AG issues EUR 500 million of 0.50% notes due 2024 c-fin-bond-2019
  21. KPMG begins its special investigation c-aud-kpmg-timeline
  22. Security deposit for Ruprecht Services raised to EUR 40 million, according to the prosecution c-mca-security-deposit
  23. EUR 100 million reaches OCAP and is transferred on the same day, according to the prosecution c-mca-ocap-flow
  24. KPMG's report is published; Wirecard announces that it found no evidence of manipulation c-aud-kpmg-adhoc c-aud-kpmg-esma
  25. EY cannot confirm EUR 1.9 billion on trust accounts; Marsalek is suspended c-tpa-adhoc-2020-06-18 c-lead-2020-suspension
  26. Markus Braun resigns from the management board c-lead-2020-braun-exit
  27. Wirecard says the EUR 1.9 billion probably does not exist c-tpa-2020-06-22
  28. Wirecard AG applies to open insolvency proceedings c-ins-petition
  29. Insolvency proceedings opened; Michael Jaffé appointed administrator c-ins-opening
  30. ESMA publishes its peer review of BaFin and FREP c-sup-esma-findings
  31. Braun and Bellenhaus decline to answer the Bundestag committee of inquiry c-crim-bundestag-witnesses
  32. Sale of the European technology platform to the Santander group closes c-ins-santander
  33. The special investigators deliver their report on EY's audits c-tpa-rp-scope
  34. Braun, von Erffa and Bellenhaus are charged c-crim-indictment-2022
  35. Court declares Wirecard AG's 2017 and 2018 annual accounts void c-ins-annulment
  36. Singapore police charge three former Wirecard Asia Holding employees c-asia-sg-charges-2022
  37. The criminal trial begins in Munich c-crim-trial
  38. Auditor oversight body finds breaches of professional duties in the 2016–2018 audits c-aud-apas
  39. Two former Wirecard Asia Holding employees are convicted in Singapore c-asia-sg-convictions-2023
  40. The former chief financial officer is indicted c-crim-ley
  41. Two further former board members are indicted c-crim-knoop-steidl
  42. Civil court orders three former board members to pay EUR 140 million c-mca-civil-judgment
  43. The criminal chamber limits the charges c-crim-trial
  44. London sentencing remarks record the prosecution's case that Marsalek was the agent in a Russian spy case c-mar-uk-trial
  45. Federal Court of Justice rules on shareholders' claims in the insolvency c-ins-bgh-shareholders
  46. Federal Court of Justice upholds the administrator's claims to the auditor's working files c-aud-bgh-files
  47. Brigitte Häuser-Axtner is extradited from Singapore to Germany c-crim-haeuser-axtner
  48. Singapore's High Court rules on oCap Management's restrained funds c-mca-ocap-singapore-2026
  49. Presiding judge reportedly sees no indication that the TPA business existed c-crim-judge-2026

Sources 105

  1. src-001 · Corporate registryCorporate registry source · src-001 identified by category only · Corporate registry
  2. src-002 · Corporate registryCorporate registry source · src-002 identified by category only · Corporate registry
  3. src-003 · Regulatory recordWanted notice: Jan Marsalek (Wirecard) Federal Criminal Police Office (BKA)

    Facts of the case Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  4. src-004 · OtherSanctions list source · src-004 identified by category only · Other
  5. src-005 · Company statementCompany statement source · src-005 identified by category only · Company statement
  6. src-006 · Corporate registryCorporate registry source · src-006 identified by category only · Corporate registry
  7. src-007 · Corporate registryCorporate registry source · src-007 identified by category only · Corporate registry
  8. src-008 · Company statementCompany statement source · src-008 identified by category only · Company statement
  9. src-009 · Court recordCourt record source · src-009 identified by category only · Court record
  10. src-010 · Company statementCompany statement source · src-010 identified by category only · Company statement
  11. src-011 · Corporate registryCorporate registry source · src-011 identified by category only · Corporate registry
  12. src-012 · Company statementCompany statement source · src-012 identified by category only · Company statement
  13. src-013 · Corporate registryCorporate registry source · src-013 identified by category only · Corporate registry
  14. src-014 · Corporate registryCorporate registry source · src-014 identified by category only · Corporate registry
  15. src-015 · Corporate registryCorporate registry source · src-015 identified by category only · Corporate registry
  16. src-016 · Corporate registryCorporate registry source · src-016 identified by category only · Corporate registry
  17. src-017 · Corporate registryCorporate registry source · src-017 identified by category only · Corporate registry
  18. src-018 · Corporate registryCorporate registry source · src-018 identified by category only · Corporate registry
  19. src-019 · Corporate registryCorporate registry source · src-019 identified by category only · Corporate registry
  20. src-020 · Company statementCompany statement source · src-020 identified by category only · Company statement
  21. src-021 · Corporate registryCorporate registry source · src-021 identified by category only · Corporate registry
  22. src-022 · OtherOther source · src-022 identified by category only · Other
  23. src-023 · Company statementCompany statement source · src-023 identified by category only · Company statement
  24. src-024 · Company statementCompany statement source · src-024 identified by category only · Company statement
  25. src-025 · OtherEuropean Parliament briefing: Banking Union – Wirecard European Parliament (Directorate-General for Internal Policies) · Jun 2020

    Briefing Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  26. src-026 · Company statementCompany statement source · src-026 identified by category only · Company statement
  27. src-027 · ResearchResearch source · src-027 identified by category only · Research
  28. src-028 · Company statementCompany statement source · src-028 identified by category only · Company statement
  29. src-029 · Company statementCompany statement source · src-029 identified by category only · Company statement
  30. src-030 · Regulatory recordAPAS press release on its proceedings concerning the Wirecard audits Auditor Oversight Body (APAS) · 3 Apr 2023

    Press release Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  31. src-031 · MediaMedia source · src-031 identified by category only · Media
  32. src-032 · Company statementCompany statement source · src-032 identified by category only · Company statement
  33. src-033 · Corporate registryCorporate registry source · src-033 identified by category only · Corporate registry
  34. src-034 · MediaMedia source · src-034 identified by category only · Media
  35. src-035 · Company statementCompany statement source · src-035 identified by category only · Company statement
  36. src-036 · Corporate registryCorporate registry source · src-036 identified by category only · Corporate registry
  37. src-037 · Court recordSentencing remarks in R v Roussev and others (Central Criminal Court) Judiciary of England and Wales · 12 May 2025

    Sentencing remarks Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  38. src-038 · Court recordMunich I public prosecutor: press release 02/2022 on the indictment in the Wirecard case Munich I Public Prosecutor (Bavarian State Ministry of Justice portal) · 14 Mar 2022

    Press release 02/2022 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  39. src-039 · Court recordMunich higher regional court: press release 42/2026 on the Wirecard criminal trial Munich Higher Regional Court (Bavarian State Ministry of Justice portal) · 19 Jun 2026

    Press release 42/2026 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  40. src-040 · Company statementCompany statement source · src-040 identified by category only · Company statement
  41. src-041 · Corporate registryCorporate registry source · src-041 identified by category only · Corporate registry
  42. src-042 · Corporate registryCorporate registry source · src-042 identified by category only · Corporate registry
  43. src-043 · Corporate registryCorporate registry source · src-043 identified by category only · Corporate registry
  44. src-044 · Regulatory recordCorporate Enforcement Authority: Annual Report 2025 case studies Corporate Enforcement Authority (Ireland)

    Case study 20 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  45. src-045 · Company statementCompany statement source · src-045 identified by category only · Company statement
  46. src-046 · Company statementCompany statement source · src-046 identified by category only · Company statement
  47. src-047 · Regulatory recordBaFin: administrative fines imposed on Wirecard Bank AG Federal Financial Supervisory Authority (BaFin) · 10 May 2021

    Publication of measures Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  48. src-048 · Company statementCompany statement source · src-048 identified by category only · Company statement
  49. src-049 · Corporate registryCorporate registry source · src-049 identified by category only · Corporate registry
  50. src-050 · Company statementCompany statement source · src-050 identified by category only · Company statement
  51. src-051 · Court recordMunich I regional court: press release 03/2023 on the Wirecard complex Munich I Regional Court (Bavarian State Ministry of Justice portal) · 27 Jan 2023

    Press release 03/2023 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  52. src-052 · Court recordMunich I public prosecutor: press release 04/2024 on further indictments of former board members Munich I Public Prosecutor (Bavarian State Ministry of Justice portal) · 6 Aug 2024

    Press release 04/2024 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  53. src-053 · Court recordMunich I public prosecutor: press release 09/2023 on the indictment of the former chief financial officer Munich I Public Prosecutor (Bavarian State Ministry of Justice portal) · 14 Dec 2023

    Press release 09/2023 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  54. src-054 · Court recordMunich higher regional court: press release 39/2026 on the Wirecard criminal trial Munich Higher Regional Court (Bavarian State Ministry of Justice portal) · 26 May 2026

    Press release 39/2026 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  55. src-055 · Court recordMunich higher regional court: press release 15/2025 on the Wirecard criminal trial Munich Higher Regional Court (Bavarian State Ministry of Justice portal) · 28 Feb 2025

    Press release 15/2025 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  56. src-056 · Court recordFederal Court of Justice: press release 211/2025 (IX ZR 127/24) Federal Court of Justice · 13 Nov 2025

    Press release 211/2025 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  57. src-057 · Court recordFederal Court of Justice: press release 228/2025 (III ZR 438/23) Federal Court of Justice · 11 Dec 2025

    Press release 228/2025 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  58. src-058 · MediaMedia source · src-058 identified by category only · Media
  59. src-059 · Company statementCompany statement source · src-059 identified by category only · Company statement
  60. src-060 · MediaMedia source · src-060 identified by category only · Media
  61. src-061 · MediaMedia source · src-061 identified by category only · Media
  62. src-062 · MediaMedia source · src-062 identified by category only · Media
  63. src-063 · MediaMedia source · src-063 identified by category only · Media
  64. src-064 · Corporate registryCorporate registry source · src-064 identified by category only · Corporate registry
  65. src-065 · Corporate registryCorporate registry source · src-065 identified by category only · Corporate registry
  66. src-066 · Company statementCompany statement source · src-066 identified by category only · Company statement
  67. src-067 · MediaMedia source · src-067 identified by category only · Media
  68. src-068 · Regulatory recordFCA: Wirecard can resume regulated activity Financial Conduct Authority · 26 Jun 2020

    News story (updated 29 June 2020) Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  69. src-069 · Regulatory recordFederal Ministry of Finance: status report on Wirecard (timeline) Federal Ministry of Finance · 17 Jul 2020

    Status report and chronology Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  70. src-070 · Regulatory recordIAASA agrees settlements with Tony Kelly and Alison Gray Irish Auditing and Accounting Supervisory Authority · 22 Sep 2026

    Announcement Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  71. src-071 · Court recordSingapore High Court judgment [2026] SGHC 102 (oCap Management Pte Ltd) Supreme Court of Singapore · 13 May 2026

    Judgment Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  72. src-072 · Corporate registryCorporate registry source · src-072 identified by category only · Corporate registry
  73. src-073 · Regulatory recordFederal Government answer to a parliamentary question on Wirecard Bank loans (printed paper 19/25977) German Bundestag · 18 Jan 2021

    Answers to questions Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  74. src-074 · MediaMedia source · src-074 identified by category only · Media
  75. src-075 · MediaMedia source · src-075 identified by category only · Media
  76. src-076 · MediaMedia source · src-076 identified by category only · Media
  77. src-077 · Regulatory recordMAS: entities that are no longer exempt under the Payment Services Act exemption for a specified period Monetary Authority of Singapore

    List of entities Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  78. src-078 · Corporate registryCorporate registry source · src-078 identified by category only · Corporate registry
  79. src-079 · OtherBundestag text archive: third committee of inquiry hears Markus Braun and other witnesses German Bundestag · 19 Nov 2020

    Session report of 19 November 2020 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  80. src-080 · Corporate registryCorporate registry source · src-080 identified by category only · Corporate registry
  81. src-081 · MediaMedia source · src-081 identified by category only · Media
  82. src-082 · MediaMedia source · src-082 identified by category only · Media
  83. src-083 · MediaMedia source · src-083 identified by category only · Media
  84. src-084 · Regulatory recordSingapore Police Force: four more individuals charged in connection with Wirecard investigation Singapore Police Force · 17 Aug 2022

    News release Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  85. src-085 · Regulatory recordSingapore Police Force: former Wirecard employee extradited to Germany Singapore Police Force · 31 Mar 2026

    News release Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  86. src-086 · MediaMedia source · src-086 identified by category only · Media
  87. src-087 · Regulatory recordESMA fast-track peer review on the application of the guidelines on the enforcement of financial information by BaFin and FREP in the context of Wirecard European Securities and Markets Authority (ESMA) · 3 Nov 2020

    Report sections and annex chronology Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  88. src-088 · Othere-Residency: service provider statements on Wirecard AG Republic of Estonia e-Residency programme · 30 Jun 2020

    Blog post Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  89. src-089 · Corporate registryCorporate registry source · src-089 identified by category only · Corporate registry
  90. src-090 · Court recordBavarian Supreme Regional Court: press release 5/2024 on decisions in the Wirecard model proceeding Bavarian Supreme Regional Court (Bavarian State Ministry of Justice portal) · 15 May 2024

    Press release 5/2024 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  91. src-091 · Corporate registryCorporate registry source · src-091 identified by category only · Corporate registry
  92. src-092 · Corporate registryCompanies House: officers of Wirecard Card Solutions Limited (07875693) Companies House

    Officers list Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  93. src-093 · Corporate registryCorporate registry source · src-093 identified by category only · Corporate registry
  94. src-094 · MediaMedia source · src-094 identified by category only · Media
  95. src-095 · Regulatory recordSingapore Police Force: two former Wirecard employees convicted and jailed Singapore Police Force · 20 Jun 2023

    News release Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  96. src-096 · OtherOther source · src-096 identified by category only · Other
  97. src-097 · OtherOther source · src-097 identified by category only · Other
  98. src-098 · OtherOther source · src-098 identified by category only · Other
  99. src-099 · OtherOther source · src-099 identified by category only · Other
  100. src-100 · Corporate registryCompanies House: appointments of Thomas Michael Richard Jennings Companies House

    Appointments list Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  101. src-101 · Corporate registryCompanies House: appointments of Andrea Farace Companies House

    Appointments list Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  102. src-102 · Court recordCourt record source · src-102 identified by category only · Court record
  103. src-103 · Court recordMunich I regional court: press release 10/2024 on the judgment in the directors' liability case Munich I Regional Court (Bavarian State Ministry of Justice portal) · 5 Sep 2024

    Press release 10/2024 Retained copy of the document in the frozen case database, read in the passages cited by the claims. Accessed 21 October 2026.

  104. src-104 · Corporate registryCorporate registry source · src-104 identified by category only · Corporate registry
  105. src-105 · Corporate registryCorporate registry source · src-105 identified by category only · Corporate registry

cite this dossier

DossierTwist, “Wirecard AG: the missing EUR 1.9 billion and its aftermath”, dt.041, 26 October 2026, https://dossiertwist.com/dossiers/wirecard-ag/

Free to read, cite and republish with credit under CC BY 4.0: credit “DossierTwist” and link to the dossier.

Data: JSON, CSV and the network graph.

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We listen to all sides: responses are shown next to the claims they answer. To send a correction or a reply, write to dossiertwist@proton.me.