from Armstrong Economics:

Uli Hoeness is the president of one of Germany’s most famous football clubs who has been put on trial and sentenced to 3.5 years in prison for tax evasion having accounts in Switzerland. Hoeness, 62, was charged with just €3.5 million ($4.87 million) but admitted to evading €28.4 million ($39.6 million) in taxes on income earned in secret Swiss bank accounts. He intends to appeal for it clearly never pays to tell the truth to governments who only know how to lie.

It is also ironic that the Swiss secret accounts were created because Hitler made it illegal for a German citizen to have an account outside of Germany.

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