Head of Google Germany indicted for embezzling half a million euro

Stefan Tweraser, currently head of Google Germany, allegedly diverted half a million euros of the advertising budget of Telekom Austria to himself. Tweraser worked as marketing director at Telekom Austria at the time and managed the telecom’s 2,5 million euro advertising budget.

The magazine Format quotes the criminal indictment, dated 4 December 2012: “Stefan Tweraser, Gustav E., Albert E. and Robert M. have committed the crime of embezzlement.”

google germany

Stefan Tweraser

According to Format, Tweraser sent invoices amounting to € 585 600 for developing a “strategic concept of sponsorship presence at Euro 2008″ although the work was never done.

In smaller installments, Tweraser later allegedly funnelled the money to his own accounts at Gekko Consulting.

Via Wirtschaftsblatt

Update: early reports said that Tweraser worked at the ad agency, while he was actually working at the telecom.

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Raf Weverbergh

Editor of whiteboard. Raf Weverbergh was a magazine journalist whose work appeared in magazines like Rolling Stone, Playboy, Mail on Sunday, Publico and South China Morning Post. He is the co-founder of FINN, a corporate communications agency where he advises startups and multinationals on their PR and Mustr, the easiest media database for PR professionals. You can contact him on Twitter, Linkedin or Skype (rafweverbergh).

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