It was the Philippines. Wirecard hired a Philippine lawyer Tolentino (who was also a government minister) to make up a fake trust that held the fake money
“The NBI said Arellano, an employee at the BPI branch in Malate, Manila, had admitted to receiving P10 million for issuing bogus bank certification documents that Tolentino and his law office needed as the supposed local trustee of Wirecard.”
I guess it goes to show that if you are dealing with enough cash to bribe third world governments then all kinds of new fraud schemes become possible.
> if you are dealing with enough cash to bribe third world governments
We shouldn't discount the connections a GRU agent would have in 3rd world govs, they know who is corrupt enough (or able to be coerced) to do their bidding. Fake banks accounts is pretty old stuff in the spying world. It's not just money.
https://newsinfo.inquirer.net/1441886/ex-dotr-exec-others-fa...
“The NBI said Arellano, an employee at the BPI branch in Malate, Manila, had admitted to receiving P10 million for issuing bogus bank certification documents that Tolentino and his law office needed as the supposed local trustee of Wirecard.”
I guess it goes to show that if you are dealing with enough cash to bribe third world governments then all kinds of new fraud schemes become possible.