18th August 2020
AP – Hundreds of police officers searched shisha bars, tea houses and illegal gambling halls across western Germany early Sunday. The officers confiscated 34,000 euros (around $40,000) in cash, 19 gambling machines and three kilograms (6.6 pounds) of shisha tobacco, the German news agency dpa reported. Eleven stores were… Read More
17th August 2020
It smells of fried fish, the sun’s reflection is glittering in the water and a few sailboats lazily amble along. It’s still summer vacation in some German states, and here in Sassnitz on the Baltic Sea island of Rügen even more so. Even the mayor of the little town of… Read More
14th August 2020
AP – German investigators are appealing for the public’s help in tracking down the former chief operating officer of bankrupt payment company Wirecard who is facing allegations of fraud and other charges. Federal police issued a wanted poster late Wednesday for Jan Marsalek, saying the 40-year-old Austrian is… Read More
14th August 2020
The anti-money laundering unit of Germany’s customs authority reportedly failed to share dozens of warnings with police that online payments company Wirecard was facilitating suspicious transactions even before the scandal broke in June. The Financial Intelligence Unit (FIU) only handed over a small portion of the information it had about… Read More
12th August 2020
German authorities raided the home of a businessman in the state of Brandenburg on suspicion he was involved in a money-laundering scheme. The Frankfurt prosecutors office said investigators had also searched the import-export premises of a firm on Tuesday. The unnamed suspect is alleged to have been part of… Read More
10th August 2020
In March, Interpol revealed details of a criminal scheme involving compromised emails, advance-payment fraud and money laundering across Germany, Ireland and the Netherlands. The case involved two sales companies in Zurich and Hamburg, contracted by German health authorities to procure face masks, that were duped into making payments to what… Read More
10th August 2020
Singapore police brought their first criminal charges against an individual linked to the suspected fraud at Wirecard AG, the one-time German technology star that collapsed at the end of June after admitting more than $2 billion of cash on its balance sheet was fake. The city-state’s white collar… Read More
4th August 2020
The German body in charge of regulating auditors is examining the work of EY, the auditor that approved the books of collapsed payment services firm Wirecard, the German Economy Ministry said on Monday. The ministry said Auditors’ Regulator (Apas) had upgraded a preliminary investigation that had been running since October… Read More
3rd August 2020
Wirecard processed transactions for a Malta-based online casino that was later found to have laundered funds for the ’Ndrangheta mafia organisation, the Financial Times reported Monday. Italian courts determined that the gaming company, Malta-based CenturionBet, was used by an arm of the ’Ndrangheta to launder millions of euros in criminal… Read More
31st July 2020
Right-wing extremists are moving into property to set up bases for their activities and anchor themselves in local communities, German intelligence services have warned. Neo-Nazis are seeking land and buildings in rural parts of eastern states, officials said. In Saxony the number of buildings known to be owned by far-right… Read More