It came to light that the Hindenburg family's highly indebted estate in East Prussia at Neudeck (owned by the president's brother) had been clandestinely bought in 1927 by a number of industrialists and given to the president as a gift, seemingly in exchange for political influence, and that the property had been registered in Hindenburg's son's name, apparently to evade estate taxes. The recipients of the aid, including some of Hindenburg's close friends, were upset by the government's failure to cover up the scandal, as was Hindenburg himself, so that Chancellor Kurt von Schleicher lost influence on Hindenburg as a result.
A scandal surrounding the Hindenburg family's heavily indebted estate in East Prussia at Neudeck (owned by the president's brother) came to light, revealing that it had been secretly purchased in 1927 by a group of industrialists and presented to the president as a gift, likely in exchange for political favors. The property was then registered in Hindenburg's son's name to avoid paying estate taxes. This led to discontent among some of Hindenburg's close friends and associates, who were upset that the government had not covered up the scandal, ultimately resulting in Chancellor Kurt von Schleicher losing his influence over Hindenburg.