Report: Fugitive tech Manager was Austrian spy Service informant

BERLIN — German press report a fugitive former top executive of charge firm Wirecard has been an informant for the Austrian spy service BVT.

Munich-based Wirecard filed for protection from creditors in June after executives declared that 1.9 billion euros ($2.2 billion) recorded as being held in trust accounts in the Philippines likely didn’t exist.

The Sueddeutsche Zeitung daily reported Friday the German federal prosecutors have proof Marsalek was a supply for its BVT agency. The paper cited a German authorities answer to Left party lawmaker Fabio De Masi.

German lawmaker Patrick Sensburg, that sits on the parliamentary intelligence oversight committee, told business daily Handelsblatt who Marsalek might have worked for many spy agencies concurrently. He did not elaborate.

Interpol issued a so-called reddish note for him on allegations of”offenses of the German obligation securities act and the securities trading behave, criminal breach of trust (also ) particularly significant case of fraud”

As a chief operating officer, Marsalek was in control of operational business tasks, such as earnings, also is suspected of having inflated the balance sheet earnings and the total quantity of the business, authorities said.

Former Wirecard CEO Markus Braun was detained, together with the organization’s former chief financial officer and former leader of bookkeeping.

Authorities insisted that Braun and Marsalek integrated”false proceeds from charge transactions regarding deals with so-called third-party acquirers to present the business financially stronger and more appealing to customers and investors.”