Re: VW in trouble
Looks like Winterkorn and others are under criminal investigation for fraud by German and US authorities.
"Under German law, fraudsters can be sentenced to a maximum of five years in prison, rising to 10 years in "especially serious cases." Those cases include fraud committed for commercial reasons. If prosecutors prove Volkswagen employees installed the software for the financial benefit of the company, or that more than three people were working together on the scam, they could prosecute under those harsher terms." quoting the inter web.
US criminal fraud has much stiffer sentences, up to to 5000 years!! Seems like a bit of overkill but they have handed out a 30,000 year sentence (6 consecutive 5000 year). Still better than criminal fraud in Thailand 141,078 years!! Such stupid number.
Looks like Winterkorn and others are under criminal investigation for fraud by German and US authorities.
"Under German law, fraudsters can be sentenced to a maximum of five years in prison, rising to 10 years in "especially serious cases." Those cases include fraud committed for commercial reasons. If prosecutors prove Volkswagen employees installed the software for the financial benefit of the company, or that more than three people were working together on the scam, they could prosecute under those harsher terms." quoting the inter web.
US criminal fraud has much stiffer sentences, up to to 5000 years!! Seems like a bit of overkill but they have handed out a 30,000 year sentence (6 consecutive 5000 year). Still better than criminal fraud in Thailand 141,078 years!! Such stupid number.
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