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FlowTex
During the mid-1980s the company FlowTex was established by Mandred Schmider and Klaus Kleiser, two businessmen based in the South-Western state of Baden-Wuerttemberg, with the purpose of constructing and operating machines for horizontal drilling. The business idea was profitable and successful as it allowed for the installation of cables and pipes without the need to dig up roads, which would have caused considerable traffic chaos and noise pollution. By the year 2000, the two men had sold more than 3,000 machines at around 1.5 million Deutsche Marks.
==Scandal==
What started as a legal business with a viable model soon turned into large-scale fraud; in reality, FlowTex had only produced 181 machines that were sold multiple times, with the certificates and identification plates manipulated according to the scam. At one point, the same machine was paraded at various different fake construction sites to potential investors during the same inspection; it later emerged that they had moved the machine from one location to another during lunch breaks.〔 Over a period of ten years or so, they secured loans worth more than two billion Euros for non-existent drilling systems and the scam is widely tipped as Germany’s largest ever case of white-collar crime.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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