Interpol has issued a global alert for a New Zealand banker wanted by Germany in connection with a massive tax fraud scheme
Mora is alleged to have acted on behalf of an investor while he worked at a large bank between 2006 and 2008.
Frankfurt prosecutors, who are handling the investigation, said Mora has “many contacts abroad, including in New Zealand, Great Britain, Switzerland, Australia and Spain.”
European countries are estimated to have lost tens of billions of euros from those and similar transactions over the years, until a bank whistleblower alerted the media and forced authorities to clamp down on the practice.
A related trial in Bonn last year resulted in suspended sentences for two British bankers after they agreed to provide detailed information about the fraud scheme.