Wirecard Trial Extended to 2025

The Wirecard trial, a significant economic fraud case in Germany, has been extended to the end of 2025. The trial involves former Wirecard CEO Markus Braun and two co-defendants, Oliver Bellenhaus and Jan Marsalek. It has been ongoing for two years, with Braun in pre-trial detention for four and a half years.

The trial's complexity arises from thousands of documents needing examination, including alleged fictitious contracts and payment records. Prosecutors claim the accused fabricated billions in sales to sustain the failing company, leading to a €3 billion loss for banks.

Despite 168 trial days and over 140 witness hearings, a verdict remains uncertain for the coming year. This trial marks the biggest economic fraud in Germany since 1945, highlighting the intricate and prolonged nature of resolving such financial crimes.