Germany: Borussia Dortmund bus attack was a criminal act with no ties to terrorism

By Updated at 2017-04-21 06:18:58 +0000

Germany-_borussia_dortmund_bus_attack_was_a_criminal_act_with_no_ties_to_terrorism

Dortmund — German police have arrested a 28-year-old man suspected of being behind last week's attack on the Borussia Dortmund soccer team. Greed, not ties to international terror, is thought to have motivated the suspect.

The 28-year old man, who has dual German and Russian national identified as Sergei V., is accused of attempted murder, inflicting serious bodily harm and causing an explosion, it said in a statement.

He had bought options on Borussia Dortmund's stock before the attack, hoping to make a profit, it said in a statement.

The players' bus was heading to their stadium for a Champions League match against AS Monaco on April 11 when three explosions occurred, wounding Spanish defender Marc Bartra and delaying the match by a day.

It said he had bought 15,000 put options, or contracts giving him the right to sell Borussia Dortmund's shares at a pre-determined price, on the day of the attack, using a consumer loan he had signed the previous week.

"If the shares of Borussia Dortmund had fallen massively, the profit would have been several times the initial investment," the prosecutor's office said.

The serious injury or death of any of the soccer players could have resulted in such a slump, it said.

On April 11, there were three explosions in the attack that took place near the Dortmund team bus as the squad traveled to a Champions League match against AS Monaco. The blasts injured Dortmund player Marc Bartra and a police officer.

Comments