Former Wirecard Partner Dies in the Philippines
Christopher Bauer, a former business partner and employee of German company Wirecard, has reportedly died in the Philippines at the age of 45.
His date of death, based on his widow’s social media posts, is July 27, just a month after Philippine authorities announced the investigation into his relationship with Wirecard.
The German national was married to Belinda Flordeliza Bauer at the time of his death, and the two co-owned P2P operator Froehlich Tours and PayEasy, the e-payment processor company linked to Wirecard’s billion-dollar scandal.
His cause of death has not been reported, but an article by the Financial Times cites a village guard who said he died of a heart attack. The report also suggests that Bauer was a member of a local motorcycle club with a website that features half-naked women and symbols associated with Nazis.
PayEasy is one of Wirecard’s Asian business partners that has been linked to the ongoing investigation into the German company’s international financial scandal. Sacked CEO Markus Braun was arrested on charges of fraud, and has since been released on bail. Meanwhile, Munich prosecutors continue to hunt for former COO Jan Marsalek who has reportedly escaped to Belarus.
It was previously reported that Marsalek had fled to the Philippines, but further investigations proved that his immigration details were falsified to lead prosecutors off his trail.