(News)
– He was once seen as a top exec at a wildly successful tech company in Germany. Now, however, Jan Marsalek is on Interpol’s most wanted list, Bloomberg reports. Authorities in Germany are also appealing to the public for help in locating the 40-year-old Austrian, who may or may not have fled the country when evidence of massive fraud arose at his now bankrupt company, Wirecard. “Fraud in the Billions,” reads the large print on wanted posters that are now widely distributed. She shows a clean-shaven Marsalek along with a photo of him in a full beard, the AP notes.
Marsalek has been paralyzed since the payment services company fell in the tubes in June, after auditors concluded that $ 2 billion on ledgers probably did not exist in the first place. Execs – Marsalek was chief operating officer – are accused of cooking the books to make the company much more profitable than it actually was, explains Wall Street Journal. That paved the way for Wirecard to raise nearly $ 4 billion in loans, and all of those funds are believed to be lost. (Former CEO Markus Braun has been arrested.)
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