- The FBI has arrested Volkswagen's (VLKAY) regulatory compliance executive, Oliver Schmidt, who faces conspiracy charges linked to Dieselgate, according to NYT.
- The arrest comes as VW nears a deal to pay the DOJ more than $3B to settle the emissions scandal's criminal investigation, on top of the nearly $17.5B the automaker will pay to resolve civil claims.
Dieselgate criminal probe escalates
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