Wise shares plummet as money transfer firm faces fraud investigation

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Shares in money transfer firm Wise have plummeted this morning as the fintech faces an investigation over allegations its accounts have been used for criminal activity.

Prosecutors in Belgium opened an investigation last year after discovering Wise accounts had been flagged in hundreds of international criminal requests that spanned over 30 European countries.

The transactions https://www.cityam.com/wise-shares-plummet-as-money-transfer-firm-faces-fraud-investigation/">[...]