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Billions in fraud: Wirecard trial: judges dissect Braun's victim thesis

The week is starting badly for former Wirecard boss Braun: the judges declare his victim theory to be unfounded. And Braun and his co-defendants are also not to keep the "reward for the deed" from the billion-euro fraud.

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Billions in fraud: Wirecard trial: judges dissect Braun's victim thesis

The Munich Wirecard trial has reached a critical stage, with a high prison sentence for former CEO Markus Braun becoming increasingly likely. The court has dismissed Braun's claim that he was a victim, with the judge stating that there is no evidence to support this theory. Braun and his co-defendants face significant financial penalties, including the confiscation of millions of euros, if found guilty.

The trial, which began in December 2022, is nearing its conclusion, with the judge hinting that the court may also order the confiscation of Braun's "crime proceeds", totalling nearly 39 million euros.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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