Ex-Wirecard COO Suspected as Decade-Long Russian Agent

Soon after payment-processing giant Wirecard reported in June 2020 that nearly $2 billion had gone missing from its balance sheet, its chief operating officer Jan Marsalek boarded a private jet out of Austria. After a landing in Belarus, he was whisked by car to Moscow, where he got a Russian passport under an assumed name. Western intelligence and security officials now say they have reached the unsettling conclusion that Marsalek had likely been a Russian agent for nearly a decade. From a report: Marsalek already stands accused of stealing hundreds of millions of dollars from investors. Following multiple international investigations, officials from intelligence, police and judiciary agencies in several countries now say the 43-year-old native of Austria used his defunct payments company to illegally help Russian spy agencies move money to fund covert operations around the world.

One of the most wanted men in the world, Marsalek has also provided assistance to the mercenary organization of Yevgeny Prigozhin, the late Russian warlord, and is now involved in the reconfiguration of his business empire in Africa on behalf of Russian officials from his new domicile in Dubai, according to Western intelligence. Wirecard got its start processing payments for pornography websites on its way to becoming an Internet finance behemoth. During its heyday, the company claimed to process $140 billion of transactions a year on behalf of a quarter million businesses, making it a rival of Square and PayPal. It was briefly valued at more than any German bank. Former associates remember Marsalek as a bon vivant who at one point rented a Munich mansion for 35,000 euros, or $38,000, a month. He was making millions of dollars a year in salary and crisscrossing the globe in private jets. He was also obsessed with the cloak-and-dagger world of espionage, often intimating that he had connections with intelligence officers, they say -- claims many dismissed as bluster.

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