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Volkswagen Executive Arrested in Miami over Emissions Cheating Scandal

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FBI Arrests Volkswagen Executive on Conspiracy Charges in Emissions Scandal

FBI Arrests Volkswagen Executive on Conspiracy Charges in Emissions Scandal*/

– The Federal Bureau of Investigation has arrested a Volkswagen executive who faces charges of conspiracy to defraud the United States, two people with knowledge of the arrest said on Sunday, marking an escalation of the criminal investigation into the automaker’s diesel emissions cheating scandal.Oliver Schmidt, who led Volkswagen’s regulatory compliance office in the United States from 2014 to March 2015, was arrested on Saturday by investigators in Florida and is expected to be arraigned on Monday in Detroit, said the two people, a law enforcement official and someone familiar with the case.Lawyers representing Mr. Schmidt did not respond to requests for comment late Sunday.
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Volkswagen Near $4.3 Billion Settlement, Guilty Plea in Emissions Scandal

Volkswagen Near $4.3 Billion Settlement, Guilty Plea in Emissions Scandal*/

– Volkswagen is nearing a $4.3 billion settlement with the U.S. government that would involve pleading guilty to certain criminal charges in the so-called defeat device emissions scandal, the automaker told ABC News.Company management is set to approve the deal — which will also include appointing an independent monitor for the next three years — today or tomorrow, Volkwagen said in a statement.The courts must approve the company’s settlement with the U.S. Department of Justice and U.S. Customs and Border Protection.
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Volkswagen Executive Arrested in Miami over Emissions Cheating Scandal

Volkswagen Executive Arrested in Miami over Emissions Cheating Scandal*/

– In Washington, D.C., confirmation hearings for Donald Trump’s Cabinet nominees are slated to begin today.Alabama Senator Jeff Sessions will go before the Senate Judiciary Committee to be considered for confirmation as attorney general.Trump’s pick has drawn widespread outrage because of Sessions’s opposition to the Voting Rights Act, support for anti-immigration legislation and history of making racist comments, which included reportedly saying he thought the Ku Klux Klan was “OK until I found out they smoked pot.”
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