cheka.
22nd April 2017, 06:50 AM
german-russian citizen that germany refuses to name
http://www.mercurynews.com/2017/04/21/ap-explains-how-the-borussia-bomber-hoped-to-make-millions/
By CARLO PIOVANO
A 28-year-old German-Russian citizen took out a five-figure loan to bet that Borussia Dortmund shares would drop, then bombed the soccer team’s bus in an attack he tried to disguise as Islamic terrorism in a scheme to net millions, German officials said Friday.
The suspect, identified only as Sergej W. in line with German privacy laws, was arrested by a police tactical team early Friday near the southwestern city of Tuebingen, federal prosecutors said.
As get-rich-quick plans go, it wasn’t well thought out.
The man allegedly hoped to make millions off an expected slump in the team’s share price by using an obscure financial trade, a “put option.”
These trades are typically used by professional traders at banks or investment firms, suggesting the bomber had some experience with financial markets. The average person who wanted to make money off a dropping share price would more likely have taken out a bet on one of innumerable gambling websites or used a day-trading website.
“It indicates someone with a bit more financial awareness than your average person,” said Chris Beauchamp, senior market analyst at IG Group in London.
http://www.mercurynews.com/2017/04/21/ap-explains-how-the-borussia-bomber-hoped-to-make-millions/
By CARLO PIOVANO
A 28-year-old German-Russian citizen took out a five-figure loan to bet that Borussia Dortmund shares would drop, then bombed the soccer team’s bus in an attack he tried to disguise as Islamic terrorism in a scheme to net millions, German officials said Friday.
The suspect, identified only as Sergej W. in line with German privacy laws, was arrested by a police tactical team early Friday near the southwestern city of Tuebingen, federal prosecutors said.
As get-rich-quick plans go, it wasn’t well thought out.
The man allegedly hoped to make millions off an expected slump in the team’s share price by using an obscure financial trade, a “put option.”
These trades are typically used by professional traders at banks or investment firms, suggesting the bomber had some experience with financial markets. The average person who wanted to make money off a dropping share price would more likely have taken out a bet on one of innumerable gambling websites or used a day-trading website.
“It indicates someone with a bit more financial awareness than your average person,” said Chris Beauchamp, senior market analyst at IG Group in London.