Cash cow? After paying billions in fines Volkswagen accused by US stock regulator of ‘massive fraud’
The US Securities and Exchange Commission (SEC) has filed a complaint against Volkswagen (VW), accusing the German automating giant and its former CEO Martin Winterkorn of defrauding US investors by cheating on emissions tests. The commission is charging the world’s second biggest car manufacturer of “reaping hundreds of millions of dollars in benefit by issuing