Ex-Audi Boss Becomes 1st VW Board Member Sentenced for Fraud in Diesel Scandal June 27, 2023 By Jörn Poltz Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court...
Former Wirecard Executives in the Dock as Germany’s Biggest Fraud Trial Begins December 6, 2022 By Jörn Poltz and Christian Kraemer Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany’s...
German Prosecutors Arrest Ex-Wirecard Execs on Suspicion of Running Criminal Racket July 24, 2020 By Jörn Poltz German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket...
‘The Money’s Gone’: Wirecard Collapses Owing $4 Billion June 25, 2020 By Douglas Busvine, Jörn Poltz and Arno Schuetze Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books in Germany’s worst...
Allianz Q1 Net Income Down 15.3% to $2B – in Line with 2017 Profit Goal May 3, 2017 By Tom Sims and Jörn Poltz German insurer Allianz is optimistic about its prospects despite a very tough business environment, the German insurer said on Wednesday...
Munich Re’s First Quarter Net Profit Drops by 7% May 1, 2014 By Jörn Poltz Munich Re’s net profit fell in the first quarter, said its chief executive on Wednesday, hit by low capital market...