Why haven’t these banks been shut down down? Lawsuit after lawsuit… with no end in sight!

LA TIMES-

Federal authorities in New York have sued Deutsche Bank and other financial entities, alleging they dodged more than $100 million in taxes with some fancy financial footwork.

The lawsuit was filed Monday in Manhattan federal court. It seeks to recover more than $190 million in taxes, penalties and interest.

Manhattan U.S. Atty. Preet Bharara said Deutsche Bank used shell companies to make tax liabilities disappear nearly 15 years ago.

[LA TIMES]