Deep Read: „Ich wurde von einem Freund angesprochen, um in seine Firma zu investieren“: Die vielen Verluste des Jens Lehmann

In May 2014, Jens Lehmann, the former national football player, invested a large sum of money in various assets, including a US stock and biotech papers, only to face significant losses. He later attributed these failures to poor advisors. Twelve years later, Lehmann is now suing a Munich trust company, seeking 572,661 Euros. His complaints center around the lack of transparency about how his money was being used.

Previously, Lehmann had invested 750,000 Euros in Wirecard shares and lent a million Euros to businessman Uwe Reppegather, who later went into private insolvency and is currently in detention. Lehmann also mentioned investing in five start-ups, with only one going bankrupt. Despite having a plan, he repeatedly faced setbacks. Lehmann was approached by a friend to invest in a Munich-based company, UMT United Mobility Technology AG, in 2020.

The company, which had been listed since 2011, was planning a capital increase and promised Lehmann special conditions. Lehmann was offered 500,000 shares at one Euro each, but the actual value was closer to 6.50 Euros. He was supposed to multiply his investment within a short time. However, the opposite happened, and Lehmann received only half of the promised shares, while the stock price declined to around 3.50 Euros.

He attempted to sell his shares but faced resistance. The stock price continued to fall, and today, Lehmann believes the shares are worth around 170,000 Euros. He is now suing SWM Treuhand AG Wirtschaftsprüfungsgesellschaft, the trust company that managed his investment, for 572,661 Euros. The court will need to decide whether the contract was indeed altered, and whether Lehmann was aware of the changes.