1. Wealth
June 10, 2010

WBrief: Germany buys more stolen data

By Spear's

Germany has again bought a stolen disk with data on German individuals with accounts in Switzerland suspected of tax evasion.

Germany has again bought a stolen disk with data on German individuals with accounts in Switzerland suspected of tax evasion.

This time the disk was bought by federal German authorities together with the state of Lower Saxony.

Through this legally questionable move, the country acquired a disk containing 20,000 data sets, Germany’s Federal Ministry of Finance told WealthBriefing.

Prior to this purchase, the German state of Baden-Württemberg rejected to buy this data due to questions of the legality of this move. According to the website of Neue Züricher Zeitung, the Swiss daily, the German authorities paid €185,000 (about $221,900) for this deal.

To read the full story, visit wealthbriefing.com

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