The logo of Ernst & Young at their headquarters in New York in this December 20, 2010 file photo. Photo: Reuters The logo of Ernst & Young at their headquarters in New York in this December 20, 2010 file photo. Photo: Reuters
The logo of Ernst & Young at their headquarters in New York in this December 20, 2010 file photo. Photo: Reuters

Wirecard’s auditors EY say they were victims of an ‘elaborate’ fraud by their client that ended in US$2 billion of missing funds

  • Ernst & Young, or EY, accused their client Wirecard of fraud that allowed more than US$2 billion to go missing
  • Now that Wirecard has filed for court protection from creditors, the accountants who signed off on the fintech firm’s books for a decade are rejecting responsibility for their role in the debacle

Topic |   Accounting and Auditing
The logo of Ernst & Young at their headquarters in New York in this December 20, 2010 file photo. Photo: Reuters The logo of Ernst & Young at their headquarters in New York in this December 20, 2010 file photo. Photo: Reuters
The logo of Ernst & Young at their headquarters in New York in this December 20, 2010 file photo. Photo: Reuters
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