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Wirecard fraud allegations lead to three additional charges against Singapore businessman

By Ben Lucas ( December 8, 2020, 05:47 GMT | Insight) -- Singaporean prosecutors have hit a local businessman alleged to have played a role in facilitating fraud at German-payments company Wirecard with another three charges, bringing the total number of charges he faces to 14. R. Shanmugaratnam, a director of Citadelle Corporate Services, now stands accused of falsifying over EUR 1 billion for Wirecard by falsely claiming that Citadelle was holding millions of euros in escrow accounts on behalf of Wirecard companies when no such funds existed.Singaporean prosecutors have hit a local businessman alleged to have played a role in facilitating fraud at German-payments company Wirecard with another three charges....

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