Why Was Klaus Schwab Arrested? WEF Chairman Charged By Switzerland Police – What Happened?

Why Was Klaus Schwab Arrested? WEF Chairman Charged By Switzerland Police – What Happened?

Klaus Schwab, WEF chairman has been arrested in Switzerland. Get to know more about his arrest details and charges here. 

According to several reports, Klaus Schwab, best known for founding the World Economic Forum, has been arrested yesterday. The WEF chairman was taken from his home by the police. 

Moreover, Schwab is a German engineer and economist who is serving as an executive chairman of the World Economic Forum. He founded the forum and has been holding annual meetings that bring together a lot of elite figures of the world. 

Klaus Schwab Arrested: What Did WEF Chairman Do?

Klaus Schwab was arrested at his home in Cologny, Switzerland yesterday.

The WEF Chairman is now charged with fraud for the crimes he reportedly committed during the Covid-19 pandemic. His lawyer is yet to come forward with any details regarding his arrest and plea for the time being. 

There’s not much-known info about the arrest until now. Neither the Police nor Schwab’s representatives have made a statement. He reportedly committed several counts of fraud and is currently held under custody. 

We will update more about his arrest details as soon as the information comes out. 

Klaus Schwab Wife And Family

Klaus Schwab is married to his longtime partner, Hilde Schwab. 

According to various reports, Hilde is a co-founder of Schwab Foundation for Social Entreprenuership. The two of them have appeared together in a lot of conferences and meetings. 

The family often donates to the charity all around the world. No facts are available regarding his children for the time being. 

Klaus Schwab Wikipedia Bio

Klaus Schwab has a well-dedicated Wikipedia biography as he is one of the most renowned economists. 

Born and raised in Germany, the 82-year-old served as the professor of Business Policy at Geneva Universoty for more than 30 years. He found the forum in 1971 which was initially known as European Management Forum. It is now called the WEF.

Moroever, Klaus Schwab has received seventeen honorary doctorates until now. Besides, he has been in the receiving end of several awards and honors as well. 

However, the 83-year-old faces a totally different scenario right now. He is currently under custody and might possibly see a jail time for fraud.  He reportedly committed alleged crimes during the time of the pandemic.  


About Author: Suman Bhandari

A keen observer with a curious mind, Suman loves keeping track of events occurring worldwide. He is a graduate of Applied Sciences and has a remarkable crush on music, movies and TV shows. A passionate sports fan, the clock runs differently for him whenever anyone brings up stuff related to sports. Besides, Suman is a distant observer when it comes to social media trends, yet he finds tremendous joy to write about anything that goes on the internet. His deep-seated desire to express his opinions has inspired him to be a part of this wonderful team. Connect: [email protected]

Last Modified: November 13, 2021

More From News

Who Is Christy Giles Murder Suspect Michael Ansbach? Here Are The Details on The Arrested

Christy Giles alleged suspect Michael Ansbach is arrested alongside David Pearce. Here is the full story.  Michael Ansbach is one...

Roger Aguilera Camionero Accidente – A Look At The Cuban Driver With 110 Years In Prison

Roger Aguilera Camionero Accidente: Cuban driver gets 110 years in prison after he accidentally crashed over 4 people. Social media...

Who Is David Russell From Timberlane High School? Teacher Charged With Misconduct

David Russell, a high school teacher of Timberlane High School was accused of physical assault. Aren't teachers supposed to lead...

Clifford Burns Wife Patricia Burns Killer, Murder Update – Where Are His Daughters Today?

Clifford Burns had killed his wife Patricia Burns in front of his three daughters in 2013. Get to know about...

Arrested: Who Is Ezzat Alameddine? Ay Huncho Wife and Alameddine Crime Family Udpate

Ezzat Alameddine, the wife of Ay Huncho, has been arrested at their Greystanes home. Her husband has surrendered himself to...