Former VW CEO Indicted on “Defeat Device” Charges

Former VW CEO Indicted on “Defeat Device” Charges

An indictment unsealed May 3 charges Martin Winterkorn, the former Chief Executive Officer of Volkswagen AG, with conspiracy and wire fraud in connection with the automaker’s “defeat device” emissions cheating scandal. The indictment alleges that Winterkorn, along with other VW executives, not only knew about the “defeat devices,” but actively concealed VW’s cheating from federal regulators. [5/4/18]

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