Deutsche Bank ex-employee has in custody – SPIEGEL ONLINE

The Landgericht Frankfurt am Main has six former employees of Deutsche Bank condemned because they allow millions in tax fraud.

The bank staff were essential, the Court considers part of a VAT carousel, with an international criminal group in 2009 and allegedly evaded 2010, approximately 850 million euros.

When trading EU rights for emissions of climate-damaging carbon dioxide (CO2) were purchased emission rights from abroad According to investigators about German companies and resold domestically through intermediate companies, without paying sales tax.

probation for five former employees

the most recent company in the chain sold the papers to go abroad again. In return, the scammer could refund from the tax office turnover, which had never been paid.

Five of the six defendants had not received a suspended sentence of between one and two years, on the other hand they have to pay fines of up to 200,000 euros. These are former business account managers, employees of trade and the Legal Division.

The highest-ranking bank officials, the department manager Heinz H., received three years imprisonment, which could no longer be suspended. The convict ‘perpetrator, not only assistant “and been responsible for a tax loss of 145 million euros, said the presiding judge Martin Bach. With the VAT carousel total 220 million euros in taxes were evaded.

The court failed to meet demands of the prosecutor who had demanded prison for three defendants between two and a half and four years.

The offices of the condemned had been searched in April 2010 at a major raid. The Institute itself is not accused.