Darmstadt (Dpa) – After nearly two years, the mammoth trial against the former CEO of insolvent gold trader PIM in Heusenstamm, southern Hesse, could be close to completion. According to the spokesman for the Darmstadt regional court, Jan Helmrich, a witness and the accused will be heard next Tuesday and Friday. So the evidence hearing could be closed.
PIM Gold GmbH is said to have entered into supply contracts with customers from 2016 to September 2019, including gold bonus promises, but then failed to deliver on them. The interest is said to have been paid out with money from newly hired clients using some kind of snowball system. The 51-year-old former CEO, in custody since September 2019, has to answer for himself.
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