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Personal asset management by ex-Wirecard boss Braun bankrupt

Summary by Spiegel
The company that managed ex-CEO Markus Braun's private wealth has filed for insolvency. Braun has been in pre-trial detention since summer 2020 due to his involvement in the Wirecard fraud scandal.

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The company that managed ex-CEO Markus Braun's private wealth has filed for insolvency. Braun has been in pre-trial detention since summer 2020 due to his involvement in the Wirecard fraud scandal.

·Germany
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Braun managed the holding company himself and is registered as managing director. He has been in custody since summer 2020

·Vienna, Austria
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More than three and a half years after the Wirecard bankruptcy, the company with which former CEO Markus Braun managed his now melted assets is now bankrupt: The Limburg an der Lahn District Court has issued a general ban on disposing of the assets of Brauns MB Beteiligungsgesellschaft and appointed Weilburg-based lawyer Carsten Koch as interim insolvency administrator.

·Salzburg, Austria
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Salzburger Nachrichten broke the news in Salzburg, Austria on Friday, February 23, 2024.
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