#fraud

Former Porsche Chief Financial Officer Holger Haerter was convicted of fraud in a Berlin court today.

Mercedes-Benz USA CEO Ernst Lieb (center) was dismissed this week over allegations of major breaches of compliance, according to a report by German newspaper Handelsblatt.

A Michigan man, David Allan Proffitt, has been sent to jail in Texas after he was accused of embezzling tens of thousands of dollars from an Ann Arbor, MI Lexus dealership.

You don’t mess with GM, as a car salesman and a trucking company owner found out recently. They’ve been charged by the FBI for allegedly selling more than 200 Hummers overseas with phony titles and collecting more than $500,000 in unearned incentives from General Motors.

Renault is admitting that is wrongfully dismissed three executives accused of corporate espionage, saying it has found no evidence to support the allegations made.

Ford’s European headquarters in Cologne, Germany has been raided by German officials as part of an investigation into a kickback scandal by the German prosecutors office.