Wirecard process: punishment for fraudsters! What's next?

Wirecard process: punishment for fraudsters! What's next?

The Wirecard scandal is one of the largest economic fraud cases in Germany, and the trial against the former CEO Markus Braun and two other managers has been going on for over two years. At the Munich I District Court, it is planned to concentrate on the ten most important charges in the future in order to tighten the lengthy process. According to information from lawyer.de , a detailed negotiation of all charges could draw the process until 2026, which is considered impractical label.

The original charge against Markus Braun comprises 43 different allegations. The central charges include manipulation of balance sheets, deception of the capital market as well as infidelity and fraud. Here, in particular, fake corporate financial statements from 2016, 2017 and 2018 were discussed, which served to cheat banks by billions. The estimated damage to the affected banks amounts to around three billion euros. The public prosecutor is expected to make a statement on the proposal to tighten the procedure in January.

progress and challenges in the procedure

like Br.de , the criminal trial against Markus Braun was extended for another year. The district court in Munich I has already started 83 new trial days by December 18, 2025. In the previous 168 days of negotiations, more than 140 witnesses were heard. Braun has been in custody for four and a half years and rejects all allegations. He blames a group of perpetrators around the evaporated ex-board member Jan Marsalek and his co-accused Oliver Bellenhaus, while Bellenhaus brown several times.

The chamber is currently investigating thousands of documents, including alleged bill contracts, emails and payment receipts. The question of whether a judgment will be made in the coming year remains open. However, it is clear that criminal fraudsters were active in Wirecard's management. According to the indictment, fictional sales have been divided into billions in billions for years to support the deficient company. Wirecard's collapse in the summer of 2020 not only has serious consequences for the parties involved, but also led to over 8,500 damages by shareholders against Braun and other and to a further 19,000 registered claims without filing.

-transmitted by West-Ost-Medien