A Trader Goes Short on Wirecard, Then Files a Criminal Complaint
- Complaint requests probe by prosecutors and regulator Bafin
- Trader also suing BNP over 163 million-euro fat finger mistake
This article is for subscribers only.
A trader changed his position on Wirecard AG from long to short. Then he asked prosecutors and regulators to investigate the German fintech company.
The former investment bank employee, who can only be identified as Armin S., filed a criminal complaint with police and market regulator Bafin seeking an investigation into whether Wirecard violated EU market manipulation rules.