Free Trial

German prosecutors charge four over violating trade act to sell spyware to Turkey

BERLIN (AP) — German authorities have filed charges against four suspects from a Bavarian company accused of selling surveillance software to Turkey that could be used to spy on Turkish dissidents, prosecutors said Monday.

The Munich prosecutors say the defendants intentionally violated licensing requirements for dual-use goods by selling surveillance software to non-EU countries.

Specifically, the four suspects from the FinFisher company are charged with commercial violations of the German trade and payments act in three separate cases. The charges were filed at the Munich I Regional Court.

The company's surveillance software, FinSpy, was offered for download in 2017 via a fake website to the Turkish opposition movement under false pretenses in order to spy on them, prosecutors said.

Munich prosecutors opened the investigation into FinFisher in 2019, after receiving complaints from a group of NGOs, including Reporters Without Borders Germany and the European Center for Constitutional and Human Rights.

Should You Invest $1,000 in RLI Right Now?

Before you consider RLI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RLI wasn't on the list.

While RLI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Blowout Earnings Winners That Could Soar Even Higher
5 Stocks You’ve Never Heard Of That I’m Buying Nonstop in 2025
3 Sectors With Massive Momentum You Can’t Afford to Miss

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines