On Wednesday, six senior VW Group executives were indicted by the Justice Department on multiple counts of conspiracy and intent to defraud. The charges include conspiracy to defraud the United States, to defraud customers, and to violate the Clean Air Act. All stemmed from the Volkswagen diesel scandal that erupted in September 2015. Over the weekend, Oliver Schmidt—who led the automaker's regulatory compliance group from 2014 to early 2015—was arrested by the Federal Bureau of Investigation while on vacation in MIami. DON'T MISS: VW executive arrested on diesel emission...
VW executive arrested by FBI on diesel emission conspiracy charges
The head of VW Group's U.S. regulatory compliance group was arrested by the Federal Bureau of Investigation this weekend on charges of conspiracy to defraud the United States. Oliver Schmidt led the German automaker's regulatory compliance during 2014 and the early part of 2015. The Volkswagen...John Voelcker