Six stand trial in carbon fraud case in Germany

FRANKFURT (Reuters) - Six people accused of evading more than 200 million euros ($281.7 million) in a tax fraud scheme in the European carbon market appeared before a court on Monday as their trial...

FRANKFURT (Reuters) - Six people accused of evading more than 200 million euros ($281.7 million) in a tax fraud scheme in the European carbon market appeared before a court on Monday as their trial started in Frankfurt.

The six men, aged 27 to 65, are accused of having conspired from September 2009 to April 2010 to evade value-added tax (VAT).

They were named as Claude Bauduin, Robert Peitzmeyer and his son Bjoern Peitzmeyer, Wayne Stewart Brown, Irfan Musa Patel and Fraz Mir.

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