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EY served as Wirecard's auditor and certified its books, even when investors and journalists began to raise questions over the company's stability. EY would go on to say that the hole in Wirecard's accounts came as the result of sophisticated global fraud.

Ernst & Young to PayR$100 Million Fine After Auditors Cheated on Ethics Exams. The S.E.C. said the cheating involved hundreds of the firm's workers from 2024 to 2024, resulting in the largest penalty ever imposed by the agency against an auditing firm.