A Volkswagen manager was sentenced to seven years imprisonment and will pay a $400,000 fine for participating in the German auto giant’s emissions fraud, the second employee to face time behind bars in the U.S. for his role in the longstanding conspiracy to deceive government officials and customers. Oliver Schmidt, 48 years old, received the sentence from U.S. District Judge Sean Cox on Wednesday afternoon during a hearing in a Detroit federal court. Mr. Schmidt in August pleaded guilty to charges of conspiracy and violating...

Source: Wall Street Journal December 06, 2017 21:25 UTC