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Unknown should have offered money for bad Wirecard press

As the financial Supervisory authority, said recently that shares of the payment service provider, Wirecard shall not be sold short, and provided that for a lot

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Unknown should have offered money for bad Wirecard press
As the financial Supervisory authority, said recently that shares of the payment service provider, Wirecard shall not be sold short, and provided that for a lot of amazement. In this decision, an Information the state should be incorporated to the bar in Munich, according to which several persons had planned another short selling attack against Wirecard. the Nils Wischmeyer

It was a spectacular decision that met the financial Supervisory authority Bafin in the past week. From now on, the authority said the share of the payment service provider, Wirecard may not be sold empty - that is to say, it may not be a case price of the share for speculation.

the financial trust is the reason for the supervision of the in an unstable Market. After all, the stock of Wirecard varied according to three Reports the Financial Times (FT) about a possible balance-sheet scandal, broke part of 30 percent. The Handelsblatt , is incorporated in the decision but one of Information of the public Prosecutor in Munich, which, if it is true because, more than explosive.

So should have planned a number of persons, a further short selling attack against Wirecard. In addition, at least one Person should have "a million" amount, trying to reach out to journalists and so-bad reporting about Wirecard. At the same time, the Person would have been offered to prevent the reporting, if Wirecard would pay a large sum of money.

This information was passed on Wirecard prior to now two weeks to the Prosecutor's office in Munich. This had classified as "serious" and to the Bafin. The short sale ban was based, but the information, not only on this note. "We have extensively explained why we have the ban introduced, and the note of the Prosecutor's office was only a factor we have taken into account," said a spokeswoman for Bafin. She stressed that"". The extent to which the information to be correct, though, it is not possible to assess. This task lies with the public Prosecutor's office in Munich. In addition, there have been many more reasons, such as a strong increase in short positions. Wirecard self did not want to comment on an ongoing investigation. You give all the information that you have, of course, to the Prosecutor's office.

a result of the investigation in Singapore unclear

the notes Were correct and it would be a bribe indeed, - as well as extortion attempts against journalists and Wirecard given, it would be a new twist in the case of Wirecard. However, important questions remain open: Was offered the money actually? And if Yes: Who is the middle man? And, more importantly, Who should accept the money and then publish an article that moves the stock price? It is hardly conceivable that prominent media such as the Guardian or Financial Times would take money for reporting.

Continue to open in addition, the outcome of a legal investigation, to examine, what is the potential balance-sheet scandal of Wirecard in Singapore it. There are several employees to have fake contracts and back-dated, so as to simulate a higher turnover. The Financial Times in a total of three Reports, which made the Wirecard share is meanwhile, to more than 30 percent of the crashes reported. The payment service provider has denied these allegations and accused the FT of the false reporting. So far, the mandated law firm had found no evidence of a crime. The final report is expected in the coming weeks.

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