Fabian Thylmann Reportedly Indicted on Tax Evasion Charges

Apr 20, 2015 10:13 AM PST

COLOGNE, Germany — Fabian Thylmann, Manwin’s former managing partner, has been indicted by Cologne’s federal prosecutor on tax evasion charges.

It could be one of the largest criminal tax proceedings against an Internet entrepreneur in the history of Germany, according to news outlet Die Welt.

The Thylmann investigation is still ongoing and the Cologne prosecutors office hasn’t releases any further details, Die Welt said.

Thylmann in October 2013 sold his stake in Manwin to the company's "top management team," and the adult entertainment conglomerate rebranded as MindGeek 10 days later. At the time, Thymann said he sold his stake in the business with “a sad heart.”

The selloff occurred shortly after Thylmann was initially accused of tax evasion and extradited from Belgium on a German warrant.

He deposited a bond in the “tens of millions” for his pre-trial release and his passport had been held.

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