<p>Porsche's ex-finance chief has been convicted of fraud after a court found he provided false information during the German sports car marker's failed 2009 attempt to take over Volkswagen AG.<br /><br /></p>.<p>Former Porsche CFO Holger Haerter was fined an unspecified amount after being found guilty today by a Stuttgart state court, the DPA news agency reported.<br /><br />Haerter was convicted of providing inaccurate information when he was working on refinancing French bank BNP Paribas' part of a 10 billion euro loan.<br /><br />The ex-CFO had rejected the charges and his defense had argued for an acquittal; prosecutors wanted him to serve time in jail.<br /><br />Haerter has also been charged, along with ex-Porsche CEO Wendelin Wiedeking, with market manipulation over the failed Volkswagen bid. VW eventually turned the tables and took over Porsche instead.</p>
<p>Porsche's ex-finance chief has been convicted of fraud after a court found he provided false information during the German sports car marker's failed 2009 attempt to take over Volkswagen AG.<br /><br /></p>.<p>Former Porsche CFO Holger Haerter was fined an unspecified amount after being found guilty today by a Stuttgart state court, the DPA news agency reported.<br /><br />Haerter was convicted of providing inaccurate information when he was working on refinancing French bank BNP Paribas' part of a 10 billion euro loan.<br /><br />The ex-CFO had rejected the charges and his defense had argued for an acquittal; prosecutors wanted him to serve time in jail.<br /><br />Haerter has also been charged, along with ex-Porsche CEO Wendelin Wiedeking, with market manipulation over the failed Volkswagen bid. VW eventually turned the tables and took over Porsche instead.</p>