WiseTech Global (ASX: WTC) shares fell as much as 12.8% on Monday.
The Australian Federal Police (AFP) is reportedly investigating founder and Executive Chairman Richard White. The probe involves allegations of human trafficking and the exploitation of a woman’s immigration status.
This development follows a separate investigation into alleged insider trading involving White and other employees that began in late 2025. The share price decline reflects investor concerns over governance and leadership stability.
WiseTech has not issued a formal statement on the matter. A company spokesperson declined to comment on the reports.