Mastercard Exec Reportedly Linked to Suspect Transactions at Cyprus Bank

[Riya143]

Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus.
Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the troubled FBME bank in Cyprus.

In 2014, the United States’ Financial Crime Enforcement Network had banned U.S. financial institutions from dealing with FBME after the bank was accused of being used to “facilitate money laundering, terrorist financing, transnational organized crime, fraud, sanctions evasion and other illicit activity.”
Read More: https://cointelegraph.com/news/mastercard-exec-accused-of-money-laundering-cover-up-at-bank-with-ties-to-wirecard