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GERMAN FOOTBALL HQ, OFFICIALS’ HOMES RAIDED IN TAX EVASION QUIZ

Writer: By The Financial DistrictBy The Financial District

The headquarters of the German Football Federation (DFB) have been searched on suspicion of tax evasion in connection with advertising board income from national team games, Frankfurt prosecutors said.

A statement from leading prosecutor Nadja Niesen said that "the investigations conducted over suspicions of fraudulent and serious corporate and trade tax evasion cases are directed against six former or current DFB officials.”


"They are accused of deliberately incorrectly declaring advertising board income from home football matches for the national soccer team in 2014 and 2015 as income from asset management," Nadja Niesen told Ulrike John and Eric Dobias of Deutsche Presse-Agentur (dpa).  


As a result, 4.7 million euros (5.5 million dollars) was not declared for tax, prosecutors said. Some 200 police officers searched the DFB's Frankfurt headquarters and the homes of officials in five federal states, prosecutors said, without identifying the six suspected persons.




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