BERLIN (Reuters) – German prosecutors said on Monday they had arrested the head of a Dubai-based subsidiary of insolvent payments company Wirecard, widening the circle of suspects in its fraud investigation.
The Munich prosecutor’s office said in a statement that it had questioned the chief executive of Cardsystems Middle East FZ-LLC earlier in the day and arrested him on the basis of a warrant it had obtained earlier.
(Reporting by Douglas Busvine; Editing by Arno Schuetze)
