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.
It became apparent that the Hindenburg family's heavily indebted estate in East Prussia at Neudeck (owned by the president's brother) had been secretly purchased in 1927 by a group of industrialists and presented to the president as a gift, seemingly in exchange for political leverage, and that the property had been registered in Hindenburg's son's name, apparently to avoid paying estate taxes. The recipients of the aid, including some of Hindenburg's close associates, were outraged by the government's failure to cover up the scandal, as was Hindenburg himself, leading to Chancellor Kurt von Schleicher losing influence over Hindenburg.