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Deep Read: "I was approached by a friend to invest in his company": Jens Lehmann's many losses

The former national goalkeeper is disputing a bad investment in court. It's not the first business deal that went wrong for Lehmann.

Translated from German Read in German

Deep Read: "I was approached by a friend to invest in his company": Jens Lehmann's many losses

Former German national goalkeeper Jens Lehmann is suing Munich-based trust company SWM Treuhand AG for €572,661 over a failed investment in UMT United Mobility Technology AG. Lehmann claims he was not informed about how his money was being used and was misled about the value of the shares. The case involves a complex series of investments and transactions, including UMT's planned acquisition of Buchberger-Gruppe, a dealer and rental company for construction equipment.

Lehmann's lawyers argue that their client was not properly informed about the investment, while SWM Treuhand denies the allegations.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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