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German-Property-Pleite: The King of the Ruins in Court

Summary by rnd.de
In the event of the insolvency of the real estate company German Property Group from Langenhagen near Hannover, investors from all over the world lost billions of dollars. Now, founder Charles Smethurst is on trial for fraud - and can even expect a mild penalty thanks to an agreement with the court.
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rnd.de broke the news in Germany on Tuesday, May 27, 2025.
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