Million-Dollar Investment Fraud - Judgment in the German Property Group Case

Tagesschau

Center

Factuality

Ownership

In one of the largest investor scandals in Germany, the former managing director of the German Property Group has been sentenced to a prison sentence. The criminal investigation seems to have been completed - but questions remain. By A. Klühspies and N. Naber.

iz.de

Factuality

Ownership

The former managing director of the broke-off developer German Property Group (GPG) has been sentenced to prison for fraud. Previously, he had confessed to some of the allegations.

LVZ - Leipziger Volkszeitung

rnd.de

View article

Reposted by

rnd.de

Factuality

Ownership

The German Property Group case is believed to be one of the largest investment scandals in recent years. Due to only four cases, a court has now condemned founder Charles Smethurst. Investors are disappointed – and amazed at the future plans of the 65-year-old.

ndr.de

Factuality

Ownership

It may be one of Germany's biggest fraud scandals: today, the Hildesheim District Court is to be held responsible for the sentence against Charles Smethurst, former head of the German Property Group.