TaxPersonal TaxInterpol hunts Liechtenstein mole

Interpol hunts Liechtenstein mole

Heinrich Kieber has been identified as the informant who allegedly stole client information from a bank and sold it to authorities in the UK, the US and Germany

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

MPs to probe Liechtenstein informant deal

HMRC paid informer £100,000

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

1d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter