TGP Howto

How to make money running TGPs

"Money is the sign of liberty. To curse money is to curse liberty--to curse life, which is nothing, if it be not free." -- de Gourmont

Friday, December 21, 2012

Commerzbank to sever its ties with Manwin?

According to an article in Die Welt, Commerzbank, a global banking and financial services company headquartered in Frankfurt, may sever its relationship with a Manwin subsidiary as early as Monday.

"The Cologne prosecutors who have charged Manwin Managing Partner Fabian Thylmann with tax evasion are now interested in who actually operates My Dirty Hobby," Lars-Marten Nagle wrote in Die Welt's Sunday edition. "According to Thylmann, a Cypriot subsidiary of is responsible... but there are indications that the Cypriot company is located in the Hamburg offices of Manwin Germany GmbH, which has raised the suspicion that the Commerzbank accounts may be involved in tax evasion.

Is Froytal Services the Cypriot subsidiary in question?