Deutsche Bank Charged By US Prosecutors in Tax "Scheme"Mark Melin
U.S. Federal prosecutors have announced a lawsuit against a major German bank, charging it engaged in an “abusive scheme” to avoid paying tax.
United States Attorney for the Southern District of New York, Preet Bharara, announced the charges today, claiming that Deutsche Bank AG (NYSE:DB) (ETR:DBK) engaged in what amounted to a “shell game” to avoid paying $190 million in tax liability.
Deutsche Bank attempted to disappear . . .
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