In the largest tax scandal to have hit the investigators again: you can browse several homes and offices in the whole of Germany.
investigators of the General Prosecutor’s office in Frankfurt have space on Tuesday 19 apartments and business searches, as is known now. The reason is the probably the largest tax scandal in German history: the so-called Cum-Ex-transactions of investors and banks were taxes on the state refund, which they had never paid.
The investigators want to collect with the search of evidence in the three procedures, the accusations directed against the seven Accused. The Prosecutor General’s office reported on Thursday. Searches objects in Hesse, lower Saxony, Baden-Württemberg and Bavaria were thus.
By the Cum-Ex-transactions are lost on the state in Germany according to the Federal Treasury more than five billion euros, before the gap in the law in 2012, has been closed.
