VW Executive Arrested in Florida

Volkswagen executive Oliver Schmidt was visiting Florida, so the feds decided to pay him a visit. They even brought him a shiny pair of bracelets as a gift.

Schmidt, 48, is a resident of Germany but was in Florida when the feds arrested and charged him with conspiracy, wire fraud and violations of the U.S. Clean Air Act.

Mr. Schmidt is the second VW employee to be arrested for their role in the diesel emissions cheat and coverup.