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Volkswagen exec sentenced to seven years


BrooklynGuy

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WHOA:o

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Schmidt, who could have faced a maximum of 169 years in prison for 11 federal counts before he reached a plea deal, agreed to be deported at the end of his sentence.

On Wednesday, the U.S. District Judge Sean Cox in Detroit, Mich., called Schmidt a “key conspirator” for destroying documents, misleading authorities and failing to disclose secret software that fooled authorities into believing Volkswagen cars were meeting emissions rules.

Like steroids in professional sports, you would have to be a silly person to think the ones getting caught are the only ones doing it. I remember when this scandal was first breaking, Mitsubuishi and I believe BMW were also caught fudging performance numbers on their diesels. 

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The fall out of dieselgate continues and will run into Billions for VW.

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