
The United States Attorney for the Southern District of New York and the Internal Revenue Service announced that Deutsche Bank AG agreed to pay $553,633,153 and admit criminal wrongdoing in connection with its participation in financial transactions which furthered fraudulent tax shelters that generated billions of dollars in U.S. Tax losses. For more info visit https://www.justice.gov/archive/usao/nys/pressreleases/December10/deutschebankpr.pdf