500 police bust Deutsche Bank over €300 million carbon trading scam
Five hundred German police and tax inspectors raided offices and residences connected with Deutsche Bank in Berlin, Frankfurt and Dusselforf, Wednesday over allegations of conspiracy involving over €300 million in carbon trading tax fraud. While a few profiteers will amass carbon trading fortunes, these schemes will not impact the climate in any meaningful way. Whether conducted legally or illegally, all carbon trading is a waste and a scam which cries out to be halted.