In early 2019, the Financial Times published articles on the payments company Wirecard. They accused a Wirecard employee of manipulating accounts and forging documents. In February 2019, the financial supervisor BaFin banned new short positions in Wirecard shares for two months. The Munich prosecutors opened an investigation into a journalist of the Financial Times on suspicion of share price manipulation, after a complaint from an investor. In 2019 BaFin also filed a criminal complaint on suspicion of market manipulation. In June 2020, Wirecard filed for insolvency. It had admitted that 1.9 billion euros in trust accounts probably did not exist. In September 2020, the prosecutors closed the case against the two journalists, Dan McCrum and Stefania Palma. They said the reporting had been “fundamentally accurate”.