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| [00:00.00] | In Germany, if you think your financial advisor |
| [00:02.86] | has been giving you bad advice |
| [00:04.23] | and messing up your investments, |
| [00:05.91] | you can complain to the regulators, |
| [00:07.71] | you can go to the police. |
| [00:09.33] | But in Bavaria, one group of pensioners stands accused of |
| [00:13.19] | employing a much more direct method |
| [00:15.55] | of registering their dissatisfaction. |
| [00:17.36] | They're on trial for kidnapping |
| [00:19.72] | their financial advisor and holding him hostage. |
| [00:23.01] | Four senior citizens, aged between 63 and 79, |
| [00:27.43] | had invested nearly three and a half million dollars |
| [00:30.36] | in the US property market |
| [00:32.16] | and lost it all in the sub-prime mortgage meltdown. |
| [00:35.33] | They'd concluded that the man who'd handled the investment |
| [00:38.75] | should now reimburse them. |
| [00:40.37] | According to prosecutors, last summer |
| [00:43.11] | the pensioner posse plus one accomplice |
| [00:45.72] | abducted the financial advisor outside his house, |
| [00:48.77] | tied him, gagged him, put him in a box |
| [00:52.00] | and transported him in the boot of a car |
| [00:54.68] | 450 kilometres to a lakeside retreat. |
| [00:57.47] | He claims to have spent four days |
| [01:00.90] | locked in the cellar there and to have been tortured. |
| [01:03.39] | After agreeing to their demands, |
| [01:05.31] | the prisoner was allowed to send a fax |
| [01:07.24] | to Switzerland arranging payment. |
| [01:09.29] | He concealed the phrase |
| [01:11.22] | "call the Police" in the text |
| [01:13.40] | and the alarm was raised. |
| [01:14.95] | Soon after a crack team of commandos came to the rescue. |
| [01:18.87] | On the opening day of the trial, |
| [01:21.05] | the 74 year old alleged ringleader of the gang |
| [01:23.85] | avoided using the word "kidnap". |
| [01:26.09] | He said he and his co-defendants |
| [01:28.02] | had only wanted to treat their guest |
| [01:29.88] | to a couple of days holiday in Bavaria. |