FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder
FRANKFURT (Reuters) – Munich prosecutors and police searched Wirecard’s headquarters and four further properties as part of a fraud probe following the arrest of the payments firm’s former chief executive, Markus Braun, prosecutors said on Wednesday.
Twelve prosecutors and 33 police officers were involved in the raids to investigate suspected fraud, including market manipulation, prosecutors said.
A spokeswoman told Reuters that prosecutors were investigating board members Alexander von Knoop and Susanne Steidl, as well as Braun and former director Jan Marsalek. Those people could not be immediately reached for comment.