Skip to content
Subscriber Only
Business

Dortmund Bus Attacker Hoped to Profit From Share Slump

  • 28-year-old with dual German-Russian citizenship arrested
  • Prosecutors say man bought put options on Dortmund shares
The Borussia Dortmund club bus on April 12.

The Borussia Dortmund club bus on April 12.

Photographer: by Maja Hitij/Getty Images
Updated on

In what seems like a plot from a James Bond movie, police arrested a man on suspicion he attacked the bus of German soccer team Borussia Dortmund GmbH last week as part of a scheme to profit from a slump in the club’s share price.

The 28-year-old, who has both German and Russian citizenship, was apprehended in the southern city of Tuebingen on Friday, the Federal Prosecutor’s Office said. On the day of the April 11 attack in the team’s home city, he bought 15,000 options on Borussia Dortmund shares, betting they would drop sharply after the attack.