View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
  2. Wealth Management
August 27, 2013updated 11 Jan 2016 2:03pm

STEP: Julius Baer data thief sentenced to jail

By Spear's

Lutz Otte sold the account information to the German tax authorities for EUR1.1 million in order to pay his own tax bill. A German citizen who moved to Switzerland in 2005, he told the Bellinzona court he had come under ‘pretty heavy pressure’ from German finance authorities. His statement to the court suggests that he conducted his operations in close collaboration with a former employee of one of these authorities.

Read the full story here

Read more from Wealth Wednesday

Read more on tax from Spear’s

Tweet

Follow @spearsmagazine

Don’t miss out on the best of Spear’s articles – sign up to the Spear’s weekly newsletter

Content from our partners
How Hamblin Family Law is exploring a groundbreaking pricing model
How Hamblin Family Law is exploring a groundbreaking pricing model
Spies and secret ops: How espionage has inspired London’s most exciting hotel
Spies and secret ops: How espionage has inspired London’s most exciting hotel
High-flyers: TAG Aviation explains that it's not about the destination, it's about the journey
High-flyers: TAG Aviation explains that it’s not about the destination, it’s about the journey

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network
Capital Monitor The New Statesman Press Gazette World of Fine wine Elite Traveler City Monitor Leadmonitor Tech Monitor