A US jury found the German manager Ruben Weigand guilty after less than 24 hours. Along with him, the jury found Hamid Ray Akhavan guilty. The sentence will be set on June 25th. This is reported by the investigative platform Inner City Press. The two had been charged with $ 100 million bank fraud. She had redeclared prohibited transactions from the marijuana business through the company Eaze in order to smuggle the funds into the banking system. According to the process, they are said to have operated their fraud system using Wirecard services. US law enforcement is expected to continue its investigation into money laundering, which is covered in the trial, and expand it to Europe.
Judge Jed S. Rakoff of the District Court of the Southern District of New York denied the prosecutor’s motion for Weigand’s immediate arrest on charges of escape. Weigand is currently under house arrest. The judge said that decision could be changed once the sentence is announced.
Both bankers had close relationships with Wirecard and in particular with Wirecard manager Jan Marsalek, who has disappeared without a trace since the company’s insolvency.
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