Daimler AG Scandal Shakes Foundation Of Mercedes-Benz Group AG

SILICON VALLEY (News.RichXSearch.com) — The bulletin included an whistleblower SEC complaint* of Daimler AG´s ethical disaster. Perhaps one of the most credible whistleblowers to go to the United States Government. He explored the ethical misconduct scandal at Daimler AG. According to the Rich TVX News Network, a father was spending four years in prison even though he was innocent. He was arrested and kept in prison for four years. He lost four years of his life, endured severe pain, and suffered with a permanent handicap, but he never regretted holding on to the truth. He was imprisoned because a large German corporation perverted the course of justice by corrupt means, and despite being a wealthy man, he lost everything he had and he died in abject poverty. A whole family was destroyed by these events, according to the leaked United States Securities and Exchange Commission (“SEC”)’s documents filed against Daimler AG, (which changed its name to Mercedes-Benz Group AG). A whistleblower has submitted original information to the SEC. The content of these documents has it all. Violations of the Foreign Corrupt Practices Act, including at a minimum,15 U.S.C. §§ 78m(b)(2)(A), 78 m(b)(5), and 78ff(a), 15, U.S.C. §§ 78dd-1(a)(1)(A)(i) and (a)(3)(A)(i), as well as violations of 18 U.S.C. 2 and 18 U.S.C. 371. More allegations were listed in the “Facts Pertaining To The Alleged Violations” document provided by the whistleblower. The Mercedes-Benz Group AG (Previously Daimler), and Daimler Truck Holding AG are listed in “The List of Shame” by Yale SOM. Read more here.

Mercedes-Benz Group

The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world’s leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, the company was renamed to its current name.

The Mercedes-Benz Group’s marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufactures such as Daimler Truck (founded as a wholly owned subsidiary of the group), Denza, BAIC Motor and Aston Martin.

By unit sales, the Mercedes-Benz Group is the thirteenth-largest car manufacturer. The group provides financial services through its Mercedes-Benz Mobility arm. The company is a component of the Euro Stoxx 50 stock market index.^[4] In the Mercedes-Benz complex in Stuttgart are situated the central company headquarters, the Mercedes-Benz offices, a car assembly plant, the Mercedes-Benz Museum and the Mercedes-Benz Arena. *Disclaimer: The views expressed in the whistleblower documents are those of the author(s) and do not necessarily represent the views of Rich X Search, or its management. All the charges are accusations of the whistleblower, according to the SEC Complaint documents, and all defendants are presumed innocent until and unless proven guilty.