Thursday, April 29, 2010

Crooked dealings in shares of Telekom



Bonn - The Bonn prosecutor has an investment manager of Deutsche Telekom in Bonn, and a business accused of insider trading.
As reported, the news magazine "Focus" in tomorrow's edition of his having achieved both through illegal stock market deals with telecom stocks a profit of more than 2.4 million euros.
The business will be run: Between November 2004 and August 2006 is said to have passed the 45-year-old ex-chief of the department of telecom investors in New York sensitive corporate stock market internals on the facts of his friend, businessman from Bonn.
With this information, the entrepreneur was previously in the image on profit warnings, or the payment of large dividends. In 35 cases he had bid and purchased put options and by the - yes it known in advance - price jumps profited.
The investigations were triggered by the prosecutor's evidence the stock keeper) of the Federal Financial Supervisory Authority (BaFin.