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Germany’s ‘James Bond’ goes on trial over tax evasion

The 76-year-old dubbed “the German James Bond” had often been sent on classified operations abroad, but his secret financial dealings are now under scrutiny.

He risks up to ten years in jail if found guilty of shortchanging the state out of a total of €14.45 million ($16 million) in taxes from 2002 to 2013.

Prosecutors are accusing Mauss of placing large sums of undeclared funds in offshore accounts, including in the Bahamas, national news agency DPA said.

Investigators first got on his trail after one of his aliases was found among names of UBS account holders found on a CD which the state of North-Rhine Westphalia had purchased from a whistleblower, according to business daily Handelsblatt and Süddeutsche Zeitung.

Mauss had allegedly failed to declare an account that he holds with the Luxembourg subsidiary of UBS.

His name subsequently also emerged in relation to several shell companies listed in the so-called Panama Papers – leaked documents from Panamanian law firm Mossack Fonseca that exposed the murky offshore financial dealings of the rich and famous.

Mauss has rejected any inkling of wrongdoing, saying the mailbox business fronts were set up to channel funds used in relation to hostage freeing operations.

During the trial, the court will seek to clear up if the account is linked to such “humanitarian action” or if it was simply an account created to hold illicit income.

Article source: http://www.thelocal.de/20160926/germanys-james-bond-goes-on-trial-over-tax-evasion