- James Henry O’Sullivan faces charges of abetting the falsification of documents in the Wirecard fraud case in Singapore, and is alleged to have extracted hundreds of millions of euros from the payments group through companies he controlled.
- O’Sullivan lived a lavish lifestyle and controlled an opaque network of companies in Singapore, the Isle of Man and Lithuania that were used to inflate Wirecard’s sales and profits.
- He was a close confidant of Jan Marsalek, Wirecard’s fugitive second-in-command, and facilitated payments for online gambling groups that put the company on the radar of US prosecutors investigating potential money laundering by Wirecard for its clients.
- German prosecutors allege that O’Sullivan controlled Senjo Group, one of three Asian outsourcing partners reported by Wirecard as generating half of its sales and all of its operating profits from 2016 onwards, arrangements that prosecutors say were a fiction.
- O’Sullivan's testimony has not been shared with the court in Munich, prompting Braun’s defence lawyer to accuse German prosecutors of withholding information.
Financial Times — World — Wirecard fraud and James Henry O’Sullivan's alleged involvement — Wirecard Ag — Markus Braun — Oliver Bellenhaus
The high-living entrepreneur brought low by his links to Wirecard
James Henry O’Sullivan allegedly controlled companies that inflated Wirecard’s sales and profits and extracted hundreds of millions of euros from the payments group. O’Sullivan faces charges of abetting document falsification and possible prison time if convicted. German prosecutors allege he was a