.png)
MEIJERS & Co. convicted for fraud in Netherlands
In the fraud case involving Qommodity, Edward Meijers, the owner of the company, and Rutger Schumer, responsible for sales and marketing, were implicated together. Schumer was accused of siphoning off funds to his personal account and was dismissed by Meijers after these actions were uncovered. This situation led to a larger investigation into Schumer's activities, revealing a pattern of misappropriation of funds which he managed through indirect payments to himself. The relationship between Schumer and Meijers highlights a significant breach of trust and corporate governance within Qommodity. Source: Crypto Insiders (see full article)