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German electronics buyback platform Cleverbuy files for insolvency, over 1,000 criminal complaints
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Business·27/04/2026Résumé IA

German electronics buyback platform Cleverbuy files for insolvency, over 1,000 criminal complaints

Cleverbuy GmbH has ceased all business operations with immediate effect due to payment problems, filing for insolvency. Over 1,000 criminal complaints have been filed against the company, including by Apple and Samsung. The CEO is in pre-trial detention. Negotiations with DIS-CONNECT GmbH to rescue the company have failed. The next court hearing is scheduled for May 6.

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