Bonn - insider trading in Telecom: A Bonn entrepreneurs (46) has three years in jail because he has earned almost 2.5 million euros.
A top manager of Deutsche Telekom (47) had his old school friend from New York, leaked to stock market information. He conceded a 15-month suspended sentence.
For he himself deserves in the illegal transactions. 71,000 euros cashed the man in New York for Deutsche Telekom completed the external communications in the U.S. capital market.
In this position, p. Bernward got early wind of börsenrelevaten changes. A handle to the phone and his old school friend in Bonn was notified in advance of profit warnings and investors' entrances. Alexander R. buying warrants quickly, benefiting from the expected price jumps.
Top managers S. has now repaid all the money. He put on trial before Trial Chamber of the economy from the first a confession. R. entrepreneur has now transferred to the German tax authorities 1.7 million euros from its accounts in Liechtenstein and Luxembourg. On him could now also provide a mechanism for tax evasion.
The court, at the Chairman Hinrich de Vries found for the telecom manager plus points more than his old school buddy. S. Bernward did not know that his friend invest so much money. He had expected a profit of more than 150,000 euros.
And: Bernward S. has his highly paid positions lost in the telco. He now lives as an average earner in Berlin. His friend, however, can continue to run his business unmolested.
