On 18 July, Bellingcat reported that Wirecard, the company he oversaw operationally, collapsed overnight last month after auditors brought attention to a nearly €2 billion gaping hole in its balance sheet.  Austrian citizen Jan Marsalek, 40, COO of Wirecard since 2010, was in charge of the company’s Asian operations. On 18 June, the management team – including Jan Marsalek – was fired. He told his colleagues that he was going to the Philippines to chase and find the missing billions, in order to prove his innocence. It transpires that his supposed travel to the Philippines and hence to china, was a fiction. He is said to have instead fled to Minsk and that he had been a frequent visitor of Russia, with over 60 trips to the country in the last 10 years. Marsalek travelled to Russia on 6 different Austrian passports and also on other ID documents.







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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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