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Juergen Schneider

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BUSINESS
December 24, 1997 | From Reuters
Disgraced property tycoon Juergen Schneider was convicted of fraud and sentenced to six years and nine months in jail by a Frankfurt court Tuesday in Germany's biggest case of corporate deceit since World War II. But Judge Heinrich Gehrke granted the 63-year-old's wish to spend Christmas at home with his family, saying he saw no risk of Schneider fleeing the country.
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BUSINESS
December 24, 1997 | From Reuters
Disgraced property tycoon Juergen Schneider was convicted of fraud and sentenced to six years and nine months in jail by a Frankfurt court Tuesday in Germany's biggest case of corporate deceit since World War II. But Judge Heinrich Gehrke granted the 63-year-old's wish to spend Christmas at home with his family, saying he saw no risk of Schneider fleeing the country.
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BUSINESS
June 16, 1994 | From Associated Press
German prosecutors have been searching far and wide for developer Juergen Schneider since he disappeared with $300 million on April 4, leaving $3.1 billion in debt and unpaid contractor bills. Meanwhile, the banks Schneider allegedly defrauded have been trying to determine how a developer losing about $300 million a year was continually able to obtain loans.
BUSINESS
June 16, 1994 | From Associated Press
German prosecutors have been searching far and wide for developer Juergen Schneider since he disappeared with $300 million on April 4, leaving $3.1 billion in debt and unpaid contractor bills. Meanwhile, the banks Schneider allegedly defrauded have been trying to determine how a developer losing about $300 million a year was continually able to obtain loans.
NEWS
April 26, 1994 | MARJORIE MILLER, TIMES STAFF WRITER
Facing a crisis of confidence, Germany's largest bank defended itself Monday against charges that it acted blindly in lending more than $700 million to fugitive real estate mogul Juergen Schneider. Deutsche Bank chief executive Hilmar Kopper said his financial institution was the victim of a "systematically prepared and executed fraud" in which Schneider possibly had help.
NEWS
April 15, 1994 | MARJORIE MILLER, TIMES STAFF WRITER
German authorities launched an investigation Thursday into the finances of one of the country's biggest real estate moguls and his wife, who disappeared over the weekend, leaving behind billions of dollars of debt and an empire in disarray. Executives of the abandoned Dr. Juergen Schneider holding company met in Frankfurt with representatives of more than 40 creditor banks seeking ways to avoid bankruptcy and to complete unfinished construction projects.
NEWS
May 20, 1995 | MARY WILLIAMS WALSH, TIMES STAFF WRITER
Germans rejoiced Friday at the news that fugitive real estate baron Juergen Schneider had been arrested Thursday in a suburb of Miami. His capture, following a hunt that lasted more than a year, raised hopes that the man behind one of modern Germany's most spectacular business collapses would eventually be brought home to justice.
NEWS
February 2, 1990 | WILLIAM TUOHY, TIMES STAFF WRITER
The burghers in Weimar, the quiet city that recalls Germany's cultural glory and political shame, share the feelings of their countrymen. From the salt-sprayed Baltic coast and the spacious, lake-speckled farmlands of Mecklenburg to the depressed cities of Saxony and the rolling hills of Thuringia, East Germans are gingerly moving toward democracy--confused about the present, deeply unsure about the future.
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