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Thielert Diesel Engine Founder Sentenced

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Thielert Diesel Engine Founder Sentenced

Unread postby jjbaker » Tue Feb 23, 2016 5:23 pm

The German reports that Frank Thielert has been sentenced to 4 years in jail.

Gang fraud, false liquidity reporting with banks and personal embezzlement.
The embezzlement charge is about roughly 1.5 MM Euros, for a private vacation property in France.

The "Centurion" engines are now built and distributed by Continental, part of the Chinese AVIC Group.

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