On 9 February, Reuters reported that a former banker was handed a 3½-year jail sentence for his part in Germany’s biggest post-war fraud. He is a former employee of MM Warburg group, part-owned by one of Germany’s oldest banking dynasties. He is the second person to receive a jail sentence for trading activity that cost Germany more than €5 billion.
https://www.reuters.com/world/former-warburg-banker-gets-jail-term-german-fraud-trial-2022-02-09/
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