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Wirecard faces loan crunch over missing $2.1 billion

Wirecard’s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending the German payments firm’s shares down over 60% on Thursday as it warned the delay could cause billions in loans to be called in as early as Friday.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300