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A 41-year-old man who formerly worked as a manager for DaimlerChrysler in Europe has been arrested and charged with breach of trust and falsifying documents for allegedly bilking the automaker out of $67.35 million. You'd think they charge him with theft too, but whatev. The man worked as a manager in the finance department at DCX and was supposedly invoicing the company for computer services that never happened during a five-year period from 2000 to 2005. Three other people have also been arrested for following the manager's instructions and acting as accessories to the crime. The prosecutor in the case has managed to get $33.68 million back from the manager, about half, but a spokeperson for DCX says the German-American automaker wants it all back. Good luck with that, we say.
[Source: Drive.com.au]


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    • 1 Second Ago
  • 7 Comments
      • 8 Years Ago
      Let's hope he spent some of the money on loaded Mercs.
      • 8 Years Ago
      Have to admire a guy who thinks big. There are thousands of cretins doing 20-years hard time for knocking over a 711.
      • 8 Years Ago
      Accounting? What accounting?
      • 8 Years Ago
      40 million euro is actually about $51.5 million in the US. The linked article is from Australia and quotes the sum in Australian dollars, denoted by the $A. Still a lot, but lets get the figures straight.

      Also, this is an update to an older story. As the article states, he has been in investigative custody for a year and has now been charged.
      • 8 Years Ago
      Well Glenn, it's not the Army, you don't have to to do it, you won't be sent to Leavenworth for 20 years hard labor. Worst case, they fire you, you sue, you own the bank, you make your own rules.
      • 8 Years Ago
      Someone with legal knowledge can explain this to me.

      I work for a bank and they say that even if a manager tells me to do something wrong, I must do it or I could be fired for insubordination.

      I was once told to just put $25,000 into someones account -- though the manager was at the computer and could do it in a minute; he went on and on wanting me to log in and do it instead of him. I refused but got in a lot of trouble for it.

      They said I can object once, and if I still get told to do it anyway, I must carry out the task.
      • 8 Years Ago
      Does this mean higher profit sharing? ;)