Walther Funk (1890-1960) was Minister of Economics and President of the Reichsbank (national bank). Funk participated in efforts to drive German Jews from the economy and played a major role in recycling confiscated property, valuables, and financial assets of Holocaust victims into the German war economy. Found guilty on counts two, three, and four (crimes against peace, war crimes, and crimes against humanity), Funk was sentenced to life imprisonment. He was released in 1957 due to poor health.
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Encyclopedia Last Updated: January 29, 2016