Mr. Nils Peter Sieger had a company N. Peter Sieger Bio Agricola, taxnr. 50904907, in comporta Portugal.
This was a unipessoal/soleperson company. The activity was to breed and sell snails.
Mr. Sieger collected (as usual for all his businesses and charities) a lot of loans and investments for this snailfarm, from friends and acquaintances.

Although the company was only on the name of Mr. Nils Peter Sieger and he was the only shareholder, soleperson company, he nominated a director Mr. Sergio Estrela.

Now Mr. Nils Peter Sieger made a complaint against Mr. Sergio Estrela in the Lisbon court for fraud. According to Mr. Sieger, Mr. Estrela stole company money and the company went down, all investors, collaborators,suppliers and lenders were left empty handed (as usual).

Mr. Sergio Estrela could sign for the companies account, which was on name of Mr. Sieger's company.
3 days before the official opening of the snailfarm, Mr. Sergio Estrela needed to hide, he stayed hidden also in Mr. Siegers house (no reason known for the hiding but confirmed by all involved).
According to Sieger on the day of the opening festivities, Mr. Sergio Estrela disappeared with around (little less)1 million in cash, company money.

Is it possible that any bank in this world would allow a director of a starting up new company, to order and pick up all the money ofthis company account, in cash, if this account was in name of Sieger, without informing the accountholder, himself?

According to Mr. Sergio Estrela's secretary a lot of money was wired to Switzerland on the name of Mr. Sieger and his partner Mr. Bindner, another fraudster.

Mr. Norbert Bindner and Mr. Sergio Estrela were and are in business for more then 7 years.
Mr. Norbert Bindner and Mr. Nils Peter Sieger were and are partners in business for more then 10 years.

On the name of this company were bought 5 or 6 good brand but old cars.
The seller was paid 53.000 euros money + 500.000 euros on pre-dated cheques of Mr. Sieger.
Now these cars were no ferrari's (not very usefull for snail business). So the sum of 553.000 euros has nothing to do with cars.

Either the seller, an acquaintance of Mr. Sieger needed to do some laundry, or the seller gave a loan and was smart enough to get this covered with pre-dated cheques of Mr. Sieger.
Only Mr. Sieger and the seller must know the answer.

All the cars were repossessed by the seller (Mr. Figueiredo, nickname Toffa), just one car of this lot reappeared after a while; a ford mondeo which then was given by Mr. Sieger to his girlfriend.

Now why would Mr. Sieger file a complaint against Mr. Sergio Estrela, who disappeared for more then a year ago and was only seen with Mr. Siegers partner Mr. Norbert Bindner in Zurich march 2010, to then disappear again upto now.

Mr. Nils Peter Sieger has a habbitof starting courtcases against his former partners in order to clean his own street when lenders, investors and collaborators, start knocking his door or when he is called to court, himself.

But worse, in a lack of fantasy, to find a new business to raise fresh money, Mr. Nils Peter Sieger is know currently looking to restart the snail business in Comporta, caracois de Comporta, again.

Please be aware that Mr. Nils Peter Sieger and Mr. Norbert Bindner, only start or invent business, to get your money.
Or as Mr. Sieger stated we should have a company called OPM, which stands for Other People's Money.

WARNING BE AWARE THAT Almost allbusiness involving Mr. Nils Peter Sieger are always linked to either courtcases or some kind of fraud, just like most of his partners.