Germany hands down first Steinhoff prison sentence

European finance boss Dirk Schreiber jailed while Siegmar Schmidt receives a suspended sentence

22 August 2023 - 08:20 By Katharine Child

Steinhoff’s European finance boss Dirk Schreiber has been sentenced to three-and-a-half years in jail for incorrect representations of the firm’s balance sheets and for aiding and abetting loan fraud, making him the first person to face a prison term related to the mammoth fraud...

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