You have reached your limit of free articles this month.

Enjoy unlimited access to myPalmBeachPost.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 myPalmBeachPost.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 myPalmBeachPost.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

JUST IN: Gardens man accused of attacking woman he says cheated on him
JUST IN: Gardens man accused of attacking woman he says cheated on him

A Palm Beach Gardens man is being held without bond after he stabbed, beat and sexually assaulted a woman he accused of cheating on him, according to an arrest report. John Leonard Young, 47, is facing charges of sexual assault with a weapon or force and aggravated battery using a deadly weapon. See who’s been booked into the Palm Beach County...
Best botanical, Japanese gardens in Palm Beach County
Best botanical, Japanese gardens in Palm Beach County

There’s more to Palm Beach County than beaches. Part of our sub-tropical heritage is a climate in which almost anything grows. From orchids so voluptuous that staring seems an intrusion to the fierce oranges and reds of June’s blooming royal poincianas to the dark shade beneath giant banyan trees, plant life here is glorious, unique and...
BREAKING: Dreyfoos janitor slayings suspect tried to surrender in 2014
BREAKING: Dreyfoos janitor slayings suspect tried to surrender in 2014

The man accused of fatally shooting two fellow janitors at Dreyfoos School of the Arts told authorities in Colombia in July 2014 that he was wanted for murder, but they turned him away, according to a police report made public Friday. Authorities in the South American nation, however, turned Javier Burgos away, saying there was no warrant for his arrest...
Pennsylvania man sets Plinko record on ‘The Price Is Right’
Pennsylvania man sets Plinko record on ‘The Price Is Right’

A Pennsylvania man was feeling pretty chipper on “The Price Is Right,” as he won a record $31,500 playing Plinko on the daytime show, TMZ reported. >> Read more trending news In the segment that aired Thursday, 23-year-old Ryan Belz of Millerton was animated from start to finish as he dropped five Plinko chips down a zigzag maze...
NEW: ‘I’m going to kill you’ man threatens woman west of Boca Raton
NEW: ‘I’m going to kill you’ man threatens woman west of Boca Raton

Hours after a judge ordered a Pompano Beach man stay away from a woman, he tried to kill her, records show. Manuel Morales, 46, faces an attempted first-degree murder, aggravated battery and kidnapping charges after he reportedly smashed into the woman’s car Monday afternoon west of the city limits and threatened to kill her, Palm Beach County...
More Stories