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German Engineers Face 25-Year Sentences | San Jose News
Two German engineers, Michael Stamp and Marcus Plank, face serious federal charges—including conspiracy and securities fraud—after allegedly profiting from insider knowledge of a major Volkswagen-Rivian deal that sent Rivian’s stock soaring 23%. Stamp reportedly made $250K, Plank $50K, and Plank is also accused of leaking info to a family member who earned $12K. Both, living in San Jose, pleaded not guilty and are out on $500K bail; Stamp, now unemployed, is staying with roommates in an Airbnb while preparing for trial, possibly as late as early 2027. If convicted, they could each face up to…
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