A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV (FCA) on ...
FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at the post where it's traded on the floor of the New York Stock Exchange in New York City, U.S., January 12, 2016. REUTERS/Brendan McDermid/File Photo
Palma, a 40-year-old Italian citizen, was arrested by the FBI Tuesday morning at his home in Bloomfield Hills, Michigan. In the afternoon, he appeared before a federal judge in Detroit in shackles, a hooded sweatshirt and sweatpants. Magistrate Judge Elizabeth Stafford released him on a $10,000 unsecured bond and ordered him to surrender his passport.
After the disclosure of Volkswagen’s emissions fraud in September 2015, the indictment states that the U.S. Environmental Protection Agency asked Fiat Chrysler for more testing of its diesel vehicles. In November 2015, the EPA warned Fiat Chrysler that it suspected some of its vehicles were using secret software to defeat emissions tests.
“The indictment in this case should signal to corporations and individuals working for them that there are significant consequences for attempting to bypass U.S. emissions tests and defraud the American people,” said Special Agent in Charge Steven M. D’Antuono of the FBI’s Detroit Field Office in statement.
Fiat Chrysler at the time said the settlement did not change the company’s “position that it did not engage in any deliberate scheme to install defeat devices to cheat emissions tests.”
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