US extradites Briton to Germany in tax evasion case linked to emissions trading

U.S. authorities have extradited a British man wanted in Germany in connection with a probe into organized tax fraud to the tune of 136 million euros ($152 million).

Frankfurt prosecutors say the unnamed 57-year-old man was extradited Friday to Germany from Las Vegas, where he had been arrested in May 2014.

He is accused of participating in a value-added tax fraud scheme involving a chain of transactions with carbon dioxide emissions certificates.

Prosecutors said Tuesday that a separate suspect in the scheme, an unidentified 35-year-old Briton, turned himself in to German authorities earlier this month.

The case, which was launched in 2010, is linked to probes against eight current or former Deutsche Bank employees. The bank has said it is cooperating with authorities.