Word: zumwinkel
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Dates: during 2000-2009
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...current wave of prosecutorial zeal kicked off in February when German authorities arrested Klaus Zumwinkel, the CEO of Deutsche Post and one of the country's most prominent businessmen, for allegedly evading some $1 million in taxes by funneling money through foundations in Liechtenstein. The German tax cops got the goods on Zumwinkel with their own bit of skulduggery: they bought records stolen by a former employee of the Liechtenstein bank LGT Group, owned by that Alpine nation's royal family. Other tax authorities piled on, including the IRS. In February, the IRS said it was investigating more than...
...first suspect ensnared by the German taxman was Klaus Zumwinkel, the CEO of Deutsche Post WorldNet, the former German postal monopoly, which now owns DHL and has become a global logistics giant. He is suspected of evading taxes totaling some $1.47 million (1 million euros) by transferring funds to a bank in Liechtenstein. Police detained Zumwinkel for questioning last week and carted trunkloads of documents from his home and office. Under intense political pressure, Zumwinkel resigned from his job at Deutsche Post, which is still partially state-owned. Zumwinkel was released after questioning, and the investigation continues...
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