Whoa: "Prosecutors suspect Wirecard was looted before collapse" (billion dollar embezzelment on top of the fraud)

I'm starting to think the reporters are fortunate they are still alive, that's enough money to get someone whacked.

Via the FT's Deputy News Editor:

🚨🚨🚨German prosecutors suspect Wirecard was looted before its spectacular collapse in June, with $1bn funnelled to opaque partner companies even as the payments group fought allegations of accounting fraud. @FT scoop by @OlafStorbeck @stef_palma @fd https://t.co/sBAeZ52nIs

— Tony Tassell (@TonyTassell) August 7, 2020