Overview

• Landgericht München I convicted Schuhbeck of insolvency concealment and COVID-aid fraud, imposing a combined four-year, three-month term that factors in his earlier tax-evasion sentence.
• The sentence resulted from a plea deal under which prosecutors and defense agreed on a punishment range of four to four years and eight months following his full confession.
• Execution of the prison term has been paused as the 76-year-old undergoes treatment for terminal cancer, with health reviews determining any future incarceration.
• Prosecutors initially sought four years and seven months, accusing him of acting from gross self-interest and exploiting pandemic support measures.
• Insolvency administrator Max Liebig reports that Schuhbeck’s collapsed enterprises left creditors with claims totaling around €27 million, from which they are unlikely to recover more than a small fraction.