UK 'batman' investor faces extradition to Germany in €125m tax fraud battle

Mark Battersby
clock • 1 min read

UK's Westminster Magistrates Court yesterday (19 July) ordered the extradition of British property investor and Tory party donor Peter Singh Virdee to Germany over allegedly running a criminal gang that stole €125m through VAT fraud using the EU's Emissions Trading System. District Judge Michael Snow rejected claims forward by Peter Singh Virdee that he was the victim of abusive prosecution by a dishonest prosecutor as "utterly without merit", Law360 reported. Virdee denies being the ringleader - nicknamed Batman - of massive emissions trading carousel fraud that took place over 10 ye...

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