The Wirecard scandal presents a shocking tapestry of allegations of corrupt business practices and fraudulent financial reporting, which rocked the financial world and led to the downfall of Germany's fintech darling, Wirecard. The scandal is a narrative of alleged economic corruption on an unprecedented scale, marking one of the most significant criminal cases in Germany's economic history, alongside the Dieselgate scandal.
LONDON, April 6 (Reuters) - European investor campaign group Better Finance said on Wednesday it has set up a foundation to help 30,000 investors recover the 1.5 billion euros ($1.6 billion) they lost when German payments company Wirecard collapsed in 2020.