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An anonymous reader quotes a report from Bloomberg: Former Volkswagen AG head Martin Winterkorn was charged with serious fraud in Germany for his role in the diesel-rigging scandal that rocked the carmaker and cost it about $33 billion. The former chief executive officer was accused alongside four other managers of equipping vehicles sold to customers in Europe and the U.S. with a so-called defeat device, authorities in Braunschweig said Monday in an emailed statement. Fraud charges carry a sentence of as long as 10 years, and prosecutors also want to seize bonuses paid to the five men, which ranged from 300,000 euros for some managers to about 11 million euros for Winterkorn.
Allegations that VW wrongfully withheld information about the emission
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