- Associated Press - Tuesday, September 29, 2015

BERLIN (AP) - U.S. authorities have extradited a British man wanted in Germany in connection with a probe into organized tax fraud to the tune of 136 million euros ($152 million).

Frankfurt prosecutors say the unnamed 57-year-old man was extradited Friday to Germany from Las Vegas, where he had been arrested in May 2014.

He is accused of participating in a value-added tax fraud scheme involving a chain of transactions with carbon dioxide emissions certificates.

Prosecutors said Tuesday that a separate suspect in the scheme, an unidentified 35-year-old Briton, turned himself in to German authorities earlier this month.

The case, which was launched in 2010, is linked to probes against eight current or former Deutsche Bank employees. The bank has said it is cooperating with authorities.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide