--- title: Two Volkswagen engineers charged with insider trading... description: Federal prosecutors arrested two Volkswagen engineers, Michael Stamp and Marcus Plank, in San Jose on insider trading charges. They allegedly used confidential... canonical: https://daily.dev/posts/two-volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-z9gw3pwka twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Two Volkswagen engineers charged with insider trading tied to Rivian joint venture | daily.dev og:description: Federal prosecutors arrested two Volkswagen engineers, Michael Stamp and Marcus Plank, in San Jose on insider trading charges. They allegedly used confidential... og:url: https://daily.dev/posts/two-volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-z9gw3pwka og:image: https://api.daily.dev/og/posts/Z9gw3PwKa.png og:image:alt: Two Volkswagen engineers charged with insider trading tied to Rivian joint venture og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Two Volkswagen engineers charged with insider trading tied to Rivian joint venture **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Federal prosecutors arrested two Volkswagen engineers, Michael Stamp and Marcus Plank, in San Jose on insider trading charges. They allegedly used confidential knowledge of VW's multibillion-dollar joint venture with Rivian — internally codenamed Project Climb — to buy Rivian stock before the deal was publicly announced on June 25, 2024. Stamp netted roughly $250,000 and Plank about $50,000 in profits; a family member of Plank made an additional $12,000. Rivian's stock surged 23% on the announcement day. The indictment notes that Stamp searched 'statute of limitations insider trading' on Google just eight days before the announcement, suggesting awareness of legal risk. The case is being prosecuted by the SDNY, the same office that recently charged a Google engineer with insider trading on Polymarket. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [US charges Google security engineer with Polymarket insider trading](https://daily.dev/posts/us-charges-google-security-engineer-with-polymarket-insider-trading-2pptzn5vj) · BleepingComputer · 0 upvotes · 0 comments - [Rivian was saved by software in 2025](https://daily.dev/posts/rivian-was-saved-by-software-in-2025-8tp7yp49h) · TechCrunch · 0 upvotes · 0 comments --- [View this post on daily.dev](https://daily.dev/posts/two-volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-z9gw3pwka) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Two Volkswagen engineers charged with insider trading tied to Rivian joint venture","url":"https://daily.dev/posts/two-volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-z9gw3pwka","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/two-volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-z9gw3pwka"},"datePublished":"2026-07-24T21:48:21.544Z","dateModified":"2026-07-25T01:15:08.275Z","description":"Federal prosecutors arrested two Volkswagen engineers, Michael Stamp and Marcus Plank, in San Jose on insider trading charges. They allegedly used confidential...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/3705319bd20e2f7189530c4440ebca18?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/3705319bd20e2f7189530c4440ebca18?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/two-volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-z9gw3pwka","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Two Volkswagen engineers charged with insider trading tied to Rivian joint venture"}]} ```