German watchdog conducts multiple investigations into Wirecard
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FRANKFURT (Reuters) - Germany's financial watchdog BaFin said on Tuesday that it was conducting multiple investigations into payments company Wirecard .The probes add to the turmoil surrounding the prominent German company, which faces continuing allegations including accounting irregularities and disclosure violations, assertions it has denied.BaFin officials said that they were looking at Wirecard's reliability as the owner of Wirecard Bank, as well as at communication with investors directly..