Former Wirecard boss denies charges in trial over fraud scandal

Former chief executive Markus Braun and two other ex managers are on trial on charges including market manipulation and fraud and face up to 15 years each in prison if convicted

Markus Braun claims he had no knowledge of counterfeiting or embezzlement.

The former boss of Wirecard has expressed his "deepest regret" over the collapse of the defunct payments company but denied all allegations as he took to the stand in Germany's biggest post-war fraud trial.

Dressed in his trademark black turtleneck and rimless spectacles, the one-time chief executive Markus Braun said he had no knowledge of any forgery or embezzlement and believed he was running a legitimate and healthy business.