You have reached your limit of free articles this month.

Enjoy unlimited access to myStatesman.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and bonus content- exclusively for subscribers. Starting at just 99¢ for 8 weeks

X

Welcome to myStatesman.com

This subscriber-only site gives you exclusive access to breaking news, in-depth coverage, exclusive interactives and bonus content.

You can read free articles of your choice a month that are only available on myStatesman.com.

Man arrested in Dortmund bomb attack on suspicion of stock plot


DORTMUND, Germany -- German officials arrested a 28-year-old German-Russian man on suspicion of carrying out last week's bomb attack on a bus carrying the Borussia Dortmund soccer team, CNN reported Friday. Police said the man’s motivation  to collapse the club’s share price so he could profit from stock market speculation, The Guardian reported.

>> Read more trending news 

On April 11, the day of the attack, the, man, identified as Sergej W., had bought a put option on Borussia Dortmund’s shares, giving him the right to sell the shares for a specified price at a predetermined date.

Had the explosives killed a member of the team and if the club’s share price had dropped, the value of his stock would have increased significantly, the Guardian reported.

According to German media reports, Sergej W. bought 15,000 put warrants.

The suspect was staying at the Dortmund team hotel on the day of the attack, prosecutors said in a statement.

Sergej W. was arrested near the southwestern German city of Tuebingen, the BBC reported.

Two people needed medical help after three bombs exploded near the bus, the BBC reported. Spanish soccer player Marc Bartra underwent wrist surgery and a police officer was treated for shock.

Prosecutors told the BBC that the suspect did not have any links to a terrorist group, but was a market trader hoping to make money if the price of shares in the Dortmund team dropped.


Reader Comments ...


Next Up in Local

Panera Bread to hire 10,000 as it expands delivery locations
Panera Bread to hire 10,000 as it expands delivery locations

Panera Bread Co. will hire 10,000 new employees by the end of 2017 as it expands its delivery service, the company said in a statement Monday. According to Panera, the company is planning to expand delivery options to 35 to 40 percent of its locations. It now delivers at 15 percent of its locations. Panera president Blaine Hurst says each café...
Kelly Jones will take the stand today at child custody trial
Kelly Jones will take the stand today at child custody trial

Alex Jones’ ex-wife, Kelly Jones, is expected to testify at her child custody trial at the Travis County Courthouse Tuesday. She will not be the first witness of the day. First up is a therapist in the case. And it’s not clear whether Kelly Jones will first appear as a witness for her own case or as an adversarial witness called by lawyers...
New campaign will focus on the right time to turn car seats around
New campaign will focus on the right time to turn car seats around

Most parents turn their child’s car seat facing forward too early, according to a new study by baby brand Chicco. The study shows that 72 percent of parents say they are uncomfortable talking to other parents about keeping their children riding in a rear-facing position, USA Today reported. >> Read more trending news The ...
Lawmakers to consider bills to scale back STAAR requirements Tuesday
Lawmakers to consider bills to scale back STAAR requirements Tuesday

The Senate could consider a bill on Tuesday that would continue a policy that allows high school students to graduate even if they fail state standardized tests. Senate Bill 463 filed by State Sen. Kel Seliger, R-Amarillo, would allow school officials to continue using individual graduation committees for high school students who fail up to two State...
FORECAST: Warm, sunny Tuesday, but heat means growing fire danger for Hill Country
FORECAST: Warm, sunny Tuesday, but heat means growing fire danger for Hill Country

Tuesday forecast for Austin: Soaring temperatures and dropping humidity will lead to growing wildfire danger across the Hill Country this week, the National Weather Service warned Tuesday. However, unlike in recent years, rains throughout the winter and spring across the state mean trees and grasses will burn far less easily than during the drought...
More Stories