|
|
19 Aug 2008
A former data entry clerk at LGT Group is being sought by Interpol for alleged theft, computer security crimes and counterfeiting and forgery.
Heinrich Kieber has been identified as the informant who allegedly stole client information from the bank and sold it to authorities in the UK, the US and Germany, the Telegraph reported.
Data contained on computer discs he sold is believed to uncover tax evasion by approximately 1,400 clients of LGT, thought to run into billions of dollars.
German secret investigators allegedly paid Kieber between €4m and €5m ($6m and $7.5m) for data on holders of accounts with the LGT banking group. He's also believed to have sold similar client information to US investigators.
The Kieber case follows a recent report into tax evasion investigations which was compiled by US Senator Carl Levin. The report suggests the US is losing $100bn a year through evasion.
Further reading:
Liechtenstein and LGT group helped clients hide wealth
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment