--- title: Volkswagen engineers charged with insider trading tied... description: The U.S. Department of Justice has charged two Volkswagen engineers, Michael Stamp and Marcus Plank, with securities fraud for allegedly trading Rivian stock... canonical: https://daily.dev/posts/volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-e7ajqqamn twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Volkswagen engineers charged with insider trading tied to Rivian joint venture | daily.dev og:description: The U.S. Department of Justice has charged two Volkswagen engineers, Michael Stamp and Marcus Plank, with securities fraud for allegedly trading Rivian stock... og:url: https://daily.dev/posts/volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-e7ajqqamn og:image: https://api.daily.dev/og/posts/E7aJQqamn.png og:image:alt: 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. # Volkswagen engineers charged with insider trading tied to Rivian joint venture **[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments ## Summary The U.S. Department of Justice has charged two Volkswagen engineers, Michael Stamp and Marcus Plank, with securities fraud for allegedly trading Rivian stock using confidential insider information about the VW-Rivian joint venture (codenamed 'Project Climb') before it was publicly announced in June 2024. The pair allegedly made over $300,000 in profits after Rivian's stock rose 23% following the announcement. Evidence suggests they knew their actions were illegal, including internet searches about insider trading statutes days before the announcement. Both face up to 25 years in prison if convicted. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Rivian was saved by software in 2025](https://daily.dev/posts/rivian-was-saved-by-software-in-2025-8tp7yp49h) · TechCrunch · 0 upvotes · 0 comments - [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 --- [View this post on daily.dev](https://daily.dev/posts/volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-e7ajqqamn) ```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":"Volkswagen engineers charged with insider trading tied to Rivian joint venture","url":"https://daily.dev/posts/volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-e7ajqqamn","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-e7ajqqamn"},"datePublished":"2026-07-24T20:00:53.732Z","dateModified":"2026-07-25T01:15:08.280Z","description":"The U.S. Department of Justice has charged two Volkswagen engineers, Michael Stamp and Marcus Plank, with securities fraud for allegedly trading Rivian stock...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9c9bd371cc2e277fa31f61126962f55c?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9c9bd371cc2e277fa31f61126962f55c?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCrunch","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":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/volkswagen-engineers-charged-with-insider-trading-tied-to-rivian-joint-venture-e7ajqqamn","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":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Volkswagen engineers charged with insider trading tied to Rivian joint venture"}]} ```