Monday, 26 September 2016

Germany's 'James Bond' goes on trial over tax evasion

                                           Image result for Werner Mauss
Germany's former top spy, Werner Mauss, went on trial on Monday accused of hiding millions of euros from authorities.
The 76-year-old dubbed "the German James Bond" had often been sent on classified operations abroad, but his secret financial dealings are now under scrutiny.
He risks up to ten years in jail if found guilty of shortchanging the state out of a total of €14.45 million ($16 million) in taxes from 2002 to 2013.
Prosecutors are accusing Mauss of placing large sums of undeclared funds in offshore accounts, including in the Bahamas, it was reported.
Investigators first got on his trail after one of his aliases was found among names of UBS account holders found on a CD which the state of North-Rhine Westphalia had purchased from a whistleblower, according to business daily Handelsblatt and Süddeutsche Zeitung.
Mauss had allegedly failed to declare an account that he holds with the Luxembourg subsidiary of UBS.

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