Federal police issued a wanted poster late Wednesday for
The poster, headlined “fraud in the billions” features a 2017 photograph of Marsalek with a full beard and moustache, and a 2019 picture of him clean shaven.
Former CEO
As chief operating officer, Marsalek was in charge of all operational business activities, including sales, and is suspected of having inflated the balance sheet total and sales volume of the company, police said.
Acting with Braun, Marsalek is alleged to have incorporated “fictitious proceeds from payment transactions relating to deals with so-called third-party acquirers in order to present the company financially stronger and more attractive to investors and customers," police said.
Anyone with any information on Marsalek is asked to contact
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