He doctored for a loan the informations for the new building of the Zeilgalerie in Frankfurt from the actual usable area of 9,000 square meters in the documents on supposed 22,000! An employee of the mortgage subsidiary of German bank allegedly told him to just increase the loan value for the object.
To the employees of the German bank this had apparently escaped. Maybe the examination that on the construction sign (a stone's throw away from her headquarters) the usable area was given correctly with 9,000 square meters had been a good idea.
However Juergen Schneider's extreme renovation engagement and the systematic weaknesses of the bank sector enabled the luxurious renovation of numerously historical constructions.
Nevertheless still a kind of remaining and invalueable worth isn't it?
whether your name is Jérôme Kerviel, Jurgen Schneider,Rudolf Elmer,Bernard Maddof, Calisto Tanzi, Michele Sindona, and the list goes on and on.....it's always the same game....opportunity makes the thief. The banks always know, problem is when politic is involved.