Deutsche Bank Facing Investigations

by Kelly Phillips Erb on November 17, 2008

Deutsche Bank AG has found itself under investigation for a second time related to its role in tax shelters which the IRS has subsequently deemed illegal. The bank was identified in a previously sealed indictment as bank “B” which arranged bogus trades to generate false losses for wealthy clients.

For more on the charges, including the US connection, read this post on taxgirl.

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