Simplify the following text for a Grade 8 native English-speaking person.
Original: Henkel claim they were unaware of the deal and have no interest in Formula One ; the deal was allegedly made by a former Henkel employee on stolen company stationery for the purposes of defrauding the company .
Simplified: Henkel claimed they were unaware of the deal and were not interested in Formula One . They said the deal was made by a former Henkel employee on stolen company stationery to defrauding the company .