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 Thieving Germany raids hundreds of homes looking for tax 'cheats'

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CovOps

CovOps

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Thieving Germany raids hundreds of homes looking for tax 'cheats' Vide
PostSubject: Thieving Germany raids hundreds of homes looking for tax 'cheats'   Thieving Germany raids hundreds of homes looking for tax 'cheats' Icon_minitimeWed Apr 17, 2013 1:36 am

German authorities launched dawn raids on the homes of over 200 suspected tax cheats Tuesday, acting on information gleaned from a CD containing the confidential account details of thousands of Swiss bank clients.

The top tax officials in the southwestern state of Rhineland-Palatinate said he expected to net some 500 million euros ($654 million) from the data, which German investigators bought for €4 million ($5.2 million) after deeming it "authentic and of excellent quality."

"This amount is testament to the high criminal energy used to hide capital gains," Carsten Kuehl, the state's finance minister, said in a statement.

Kuehl didn't say who had sold the CD containing the data or which Swiss banks were involved in the case.

Source: AP
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RR Phantom

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Thieving Germany raids hundreds of homes looking for tax 'cheats' Vide
PostSubject: Re: Thieving Germany raids hundreds of homes looking for tax 'cheats'   Thieving Germany raids hundreds of homes looking for tax 'cheats' Icon_minitimeWed Apr 17, 2013 3:00 am

Quote :
high criminal energy
ROFL
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Thieving Germany raids hundreds of homes looking for tax 'cheats'

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