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Legend faces jail for tax scam

MUNICH:

Bayern Munich president Uli Hoeness has admitted evading taxes via a secret Swiss bank account at a trial that could see the German football great jailed.

Prosecutor Achim von Engel told a Munich court Mr Hoeness evaded £2.9 million in taxes by concealing £27.5m in the undeclared Swiss account.

If found guilty he faces up to 10 years in prison.

Contextual targeting label: 
Finance

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