Police have smashed an elderly gang of suspected kidnappers aged between 60 and 79 preying on Germany's greying population.
The formal arrest of one couple aged 74 and 79, another aged 63 and 66, plus a 60-year-old American, came after police commandos stormed the cellar of a property at dawn on Saturday to find their 56-year-old victim.
Police said they believed the man, who was reported missing last week in Speyer near Heidelberg, was ambushed and assaulted by the American and the 79-year-old, bound up with tape and bundled into the boot of a car.
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Pensioners kidnap and torture financial advisor - Germany
Because he lost their investments
It is a given that things are tough all over, but this is obviously an act of total desperation. Wrong is wrong and we must suffer the consequences of our actions. Imprisonment is bad at any age, but I shutter at the thought of a 70 something senior going to jail.
Sounds nasty, but kinda funny at the same time (obviously not for the victim though).
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Two of his kidnappers are said to have hit him with a Zimmer frame outside his home in Speyer, western Germany, before he was bound up with duct tape, bundled into the boot of a car and driven 300 miles to the home of two of the abductors on the shores of Lake Chiemsee in Bavaria..."Then they bound me with masking tape until I looked like a mummy. It took them quite a while because they ran out of breath..."
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It is a given that things are tough all over, but this is obviously an act of total desperation. Wrong is wrong and we must suffer the consequences of our actions. Imprisonment is bad at any age, but I shutter at the thought of a 70 something senior going to jail.
It sounds less like an act of desperation than the actions of a bunch of greedy so-and-sos intent on taking brutal revenge.
Mr Amburn, 56, claims he was burned with cigarettes, beaten, had two of his ribs broken was hit with a chair leg and chained up "like an animal." ... Again and again they threatened to kill me. The fear of death was indescribable. I never thought I would make it out alive. ...Volker Ziegler, the chief public prosecutor from nearby Traunstein, said: "They were angry because they invested money in properties in Florida and he lost it all. This was black money – they hadn't declared it to the revenue authorities in Germany."
If they really have done this, then they're capable of going to jail like anyone else.
If one wonders why mortgages where so easy to get in America at that time, you only have to listen to the way in which savers where trying to invest theirs... Landesbanken, the friendly expat-financial advisers... Mr. Auburm should get a bail out...
For me the real drama of the financial crisis. How can you save money without fostering such practises? Perhaps it is time for a inland investment law in Germany: No taxes for money that is invested inside Germany under strict rules.
For me the real drama of the financial crisis. How can you save money without fostering such practises? Perhaps it is time for a inland investment law in Germany: No taxes for money that is invested inside Germany under strict rules.
@matajan your last statement make a great deal of sense. When have you ever known a politician to have or show a great deal or better yet any common sense. It will never be considered by the politico types. Good thought though.
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