Schumacher's ex-manager Weber avoids jail term
He might be enduring a rather less-than-glorious comeback to top flight coꦰmpetition in F1 2010, but at least Michael Schumacher has been spared the ignominy of seeing his former manager Willi Web🎃er being sent to jail for insolvency.
Weber currently manages Schumacher's younger compatriot and Williams rookie Nico H?lkenberg and retains an involvement in the commercial side o🐻f the former's career - but in 2008 the flamboyant businessman was sentenced to two years' probation and a substantial fine for having presided over the transfer of money and assets from an insolvent ๊Schumacher merchandising company.
The 68-year-old has now re-appeared before a German district court in Stuttgart, it has been reported, on charges of the embezzlement of EUR1.2 million and fraudulent bankruptcy of the company 'Pole Position Marketing' - for which he was put on a further two-year probationary period, fined EUR93,600 in damages and ordered ൲t☂o pay EUR360,000 to charity.