Ex-VW CEO faces organized commercial fraud charge

Winterkorn was CEO of Volkswagen Group when the automaker admitted to cheating in U.S. diesel tests in 2015. (Bloomberg)

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By:

Bloomberg

September 09, 2020 01:14 PM

Former Volkswagen Group CEO Martin Winterkorn and four others must stand trial over serious fraud charges in Germany for their role in a diesel-emissions cheating scandal that has cost the automaker more than 30 billion euros ($35 billion) so far.

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