More Arrests in Carat Germany Fraud Probe

30 November 2006

WIESBADEN: German prosecutors have remanded in custody two more local Carat executives and have issued an arrest warrant for a third as they investigate alleged fraud at the media agency group.

The authorities detained former country chief Aleksander Ruzicka last month, fearing him a possible flight risk, and are now holding Carat ceo Heinrich Kernebeck and David Linn, who was responsible for TV purchasing at Aegis's Wiesbaden-based media buying arm.

They are also seeking Claudia Jackson, Linn's colleague, who is believed to be in Argentina.

A lawyer, Cornelius Weber, has also been charged with contriving to create a network of hidden companies in connection with the alleged embezzlement.

Investigators believe the sums involved run to at least €32 million ($42m; £21m).

When the allegations were initially revealed in September, Aegis Media EMEA ceo Jerry Bulhmann stressed the company was not being investigated, but rather was the injured party.

Data sourced from; additional content by WARC staff