Fintech Wise's shares fall on Belgian money-laundering investigation 

PARIS, ​June 1 (Reuters) - Money transfer company Wise's London-listed shares fell by more ​than ‌10% on Monday on news that the Brussels Public ⁠Prosecutor's Office is investigating its European entity ⁠in cases the ​prosecutor said reportedly involve more than half a billion euros ($582.5 million) in suspicious transactions. Authorities in Europe are trying to ​crack ‌down on illicit finance, following the collapse of Wirecard and a 2019 money-laundering scandal.

* The prosecutor's office said the investigation, which began last year and is ​nearing completion, concerns potential money laundering offences, with alleged links ‌to fraud, corruption and drug trafficking.

* Prosecutors are investigating whether Wise Europe’s services were ‌used by international criminal organisations, and are currently finalising a direct summons before the criminal court.

* Wise, which shifted its ​primary listing to the Nasdaq last month, responded to an earlier ‌media report on the matter by the Bureau of Investigative Journalism, saying, without confirming details, that it was ⁠working with ⁠the Brussels prosecutor.

* Wise said no specific ‌findings had been shared with it.

* "We face the reality of increasingly sophisticated ​bad actors ​attempting to exploit our platform and ‌we continually invest in tech-enabled systems and teams to stay ahead of ever-evolving threats," it said. (Reporting by Elizabeth Howcroft; Editing by Thomas Derpinghaus, Kirsten Donovan)

Wise Group Plc.