id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
en-wikipedia-org-8662		Wirecard scandal - Wikipedia			.html	text/html	3358	455	62	On 25 June 2020, Wirecard filed for insolvency after revelations that €1.9 billion was "missing",[1][2] and the termination and arrest of its CEO Markus Braun.[3] Questions are raised with regards to the regulatory failure on the part of Federal Financial Supervisory Authority (BaFin), Germany's top financial watchdog, and possible malpractice of its long time auditor Ernst & Young. Wirecard is suspected to have engaged in a series of fraudulent accounting activities to inflate its profit.[9] Despite allegations lodged against the company, BaFin ultimately took little action against the company before its eventual collapse, while it constantly joined in the company's attack against critics by associating them with short sellers.[10]	./cache/en-wikipedia-org-8662.html	./txt/en-wikipedia-org-8662.txt