Photo: Amelie Querfurth/AFPA suspected Swiss spy arrested in Germany was allegedly surveilling finance investigators involved in the purchase of data CDs on tax cheats in Switzerland, a newspaper reported on Sunday. German prosecutors said on Friday police had arrested a Swiss man they identified only as Daniel M., 54, who was suspected of espionage activities since early 2012. Daniel M. was thought to have worked for the Swiss intelligence service NDB in the German finance and banking sector, the report said. German tax investigators started a major crackdown in 2010 when they got their hands on data CDs with lists of bank account holders in foreign tax havens. The threat of dawn raids compelled thousands of other German tax cheats to come forward and report their accounts abroad, and pay back taxes on the interest earned plus a fine.

Source: The Local April 30, 2017 11:26 UTC