German authorities raid 50 firms in carbon fraud crackdown

James S Murray
clock • 2 min read

Offices of Deutsche Bank and RWE raided in investigation of €180m carbon fraud - both firms insist they are not the target of the probe

The pan-European crackdown on suspected fraud in the carbon market stepped up a notch yesterday when German authorities raided 230 offices and homes in connection with an alleged €180m tax fraud. The...

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