US charges VW executive with fraud over emissions scandal
Miami
VOLKSWAGEN AG suffered a new setback on Monday when an executive was charged with conspiracy to defraud the United States over the company's diesel emissions cheating and the carmaker was accused of concealing the cheating from regulators.
Oliver Schmidt, who was general manager in charge of VW's environmental and engineering office in Michigan, did not enter a plea at an initial appearance in a US district court in Miami on Monday and was ordered held pending a hearing on Thursday by US magistrate judge William Turnoff.
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