The 7 Most Notable Fintech Frauds of Recent Years: Who Was Held Accountable?
Fintech frauds have become increasingly common in recent years, with criminals taking advantage of the rapid growth of the financial technology industry and the lack of regulation in some areas. As the industry continues to expand, it is important to understand the most notable fintech frauds of recent years and who was held accountable for them.The first notable fintech fraud of recent years was the infamous Wirecard scandal. In 2020, German payments processor Wirecard AG was accused of accounting fraud and misappropriation of funds. The company had been under investigation