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ActiveBusinessLegal$2.5 million

A former Siemens CEO thought he was investing $2.5 million in Deepak Chopra’s app. Prosecutors say it was fraud.

Photo: Business Insider

What happened

Prosecutors say Wanja Oberhof embezzled most of that money, using it in part for back rent on his nearly $20,000-per-month Manhattan penthouse.

Summary assembled by rule from the sources below

Sources