A parliamentary inquiry is in progress with German Chancellor Angela Merkel and Finance Minister Olaf. Prosecutors in Munich. Capital Web February 27 2023. . Inside the FTs five-year investigation of a billion-dollar fraud. On June 25 the group collapsed into insolvency after it was exposed as one of Germanys biggest postwar accounting frauds. The banks said last week that they had never dealt with. Dan McCrum on exposing a criminal enterprise. In a remarkable collapse of a company once. Web Wirecard and me. Web June 19 2020. Web Wirecard has filed for insolvency just days after a 2 billion accounting scandal at the company burst into the open crashing its stock and leading to the arrest of its former chief executive. Web Wirecard was an international supplier of electronic payment and risk management services. Jan Marsalek Wirecards COO who embezzled tens of millions of dollars from the co