Braun is accused of misrepresenting the company’s accounts and of market manipulation by falsifying income from transactions with so-called third-party acquirers, according to prosecutors.
Wirecard said last week that auditor EY had refused to sign off on its 2019 accounts as it was unable to confirm the existence of €1.9 billion in cash.
The one-time German tech darling is now holding emergency talks with its banks.
