Police have initiated prosecution in the case surrounding the investment company WCA International. One individual and one company are accused of fraud amounting to approximately 2.1 billion Czech crowns, with over six thousand affected clients. The company, owned by entrepreneur Matouš Polák from Frýdek-Místek, is now bankrupt. The perpetrator ...
Audit firm EY is facing another lawsuit in connection with the collapse of German financial firm Wirecard. Wirecard's insolvency administrator, Michael Jaffe, has filed a claim for damages of €1.5 billion (approximately CZK 37 billion) against EY. This information was published by Reuters on Friday. EY acted as Wirecard's auditor for several yea...
