The biggest German bank, Deutsche Bank, has been implicated in a US tax evasion investigation, a press report alleged on Wednesday.

The biggest German bank, Deutsche Bank, has been implicated in a US tax evasion investigation, a press report alleged on Wednesday.

LONDON, Nov 17, 2007 (AFP) - An octagenarian couple and their son have been brought to justice in Britain for making a small fortune out of faking artworks that fooled experts for 17 years, newspapers said Saturday.

George Greenhalgh, 84, his wife Olive, 83, and their 47-year-old son Shaun produced counterfeits of works dating back to ancient Rome and Egypt, operating out of a small house in Bolton, north-west England.

BRUSSELS, Oct 22, 2007 (AFP) - The European Anti-Fraud Office (OLAF) said Monday that, in conjunction with Austrian authorities, it has uncovered a a major fraud scheme involving imports of textiles and shoes from China.

LONDON, Oct 20, 2007 (AFP) - Seven people have been charged with electoral fraud at Britain's last general election following an inquiry into suspicious voting patterns and postal votes, police said Saturday.

The seven men are each charged with conspiracy to defraud the returning officer in the city of Bradford, northern England, at the May 2005 vote, West Yorkshire Police said.

SAN FRANCISCO, Oct 4, 2007 (AFP) - Yahoo announced Thursday it will start thwarting scammers that send bogus eBay or PayPal account e-mails to trick people into revealing passwords and credit card numbers.

Yahoo said it collaborated with eBay, which owns online financial transactions service PayPal, to devise a way to block the fake messages from the US Internet firm's free e-mail accounts.

The scam, referred to as 'phishing' because it relies on hooking victims with deceptive e-mail messages, is perpetual online bane.

WASHINGTON, Oct 4, 2007 (AFP) - The Securities and Exchange Commission watchdog said Thursday that its seven month crackdown on e-mail spam linked to stock fraud is already delivering large dividends.

The US regulator said its campaign against the perpetrators of stock-touting spam had led to a dramatic fall in the number of complaints lodged with the SEC related to the mass e-mails.

WASHINGTON, Oct 3, 2007 (AFP) - US federal officials improperly spent 146 million dollars (100 million euros) of taxpayers' money in 12 months by traveling business or first class when they should have flown economy, a report has shown.

Federal agencies are supposed to 'conduct all travel as responsibly as possible' both to safeguard taxpayers' money and in the light of 'the serious fiscal challenges facing the government,' said the report by the Government Accountability Office (GAO), issued at the end of September.

PRAGUE, Oct 1, 2007 (AFP) - A former Czech deputy minister and nine other people appeared in a Prague court on Monday charged with masterminding the country's biggest EU funds fraud, Czech media reported.

Former regional development deputy minister, Petr Forman, is charged along with nine others with taking over a government agency created to funnel EU funds with the sole target of getting their hands on the large amount of cash still on its account.

VIENNA, Oct 1, 2007 (AFP) - A top European Central Bank official, Gertrude Tumpel-Gugerell, took the witness stand here Monday at the trial of nine BAWAG bank executives, one of the biggest legal cases in recent Austrian history.

ECB executive board member Tumpel-Gugerell testified to the court that she had not been asked by the trial's main suspect, former BAWAG chief Helmut Elsner, in 2000 to influence an imminent audit of the bank by the Austrian National Bank (OeNB).