Prosecutors are looking into Deutsche Bank's role in providing a lesser-known questionably tax shelter sold through a Silicon Valley firm, according to published reports.

The criminal investigation of Deutsche Bank covers several types of shelters, but has been focused on a scheme known as Cards in recent months. The shelter, which prosecutors say generated improper tax losses, was sold through a California investment firm formerly known at and founded in the late 1990s by Netscape Communications founder James H. Clark.

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