Following the Wirecard scandal of the missing EURO 1,9bn in cash,  another payment company,  UCF Pay revealed an embezzlement of US$212 million.

Chong Sing Holdings FinTech Group Ltd., whose shares have been suspended since July 2019 after irregularities were uncovered by mainland regulators, revealed the scale of the embezzlement in a filing to the Hong Kong Stock Exchange.  The Hong Kong listed company disclosed a 1.5bn yuan (US$212) embezzlement and warned that it may have to shut the business down.