Germany, 4th largest economy by GDP in 2020
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Germany $11 Billion Cum-Ex Dividend Tax Fraud Mastermind Hanno Berger Sentenced to 8 Years & 3 Months Jail with JP Morgan, Morgan Stanley, Bank of America & Barclays Offices Raided by Authorities, Fled to Switzerland in 2012 & Extradited to Germany in 2023 February

2nd June 2023 | Hong Kong

Germany $11 billion Cum-Ex dividend tax fraud mastermind Hanno Berger had been sentenced to 8 years & 3 months jail, with JP Morgan, Morgan Stanley, Bank of America & Barclays offices raided by authorities.   Hanno Berger had fled to Switzerland in 2012 and was extradited to Germany in 2023 February.  Wiki: CumEx-Files is an investigation by a number of European news media outlets into a tax fraud scheme discovered by them in 2017, with estimated losses at $63.2 billion by governments, filing for billions of tax returns (rebates) when no actual tax had been paid.  In late 2023 May, former Morgan Stanley & Credit Suisse banker, and hedge fund founder Sanjay Shah had lost his final appeal in Dubai (Dubai Court of Cessation, 16/5/23) and ordered to pay Denmark tax authorities (Skat) $1.24 billion for Cum-Ex tax fraud including being extradited to Denmark to face prosecution.  Sanjay Shah is the alleged mastermind to help pension funds file for of $2 billion of tax returns (rebates) when no actual tax had been paid.  An initial ruling was made in Dubai in 2020 August, but Sanjay Shah had appealed to Dubai Court of Appeal.  Sanjay Shah is a British citizen and lives on The Palm Jumeirah, an archipelago of artificial islands on the Persian Gulf in Jumeirah, Dubai (UAE).  Sanjay Shah was a former banker at Morgan Stanley, Credit Suisse & Rabobank, and founded hedge fund Solo Capital.  Sanjay Shah is part of the Cum-Ex tax fraud.  Banks that are involved in the investigation include Barclays, Merrill Lynch, JP Morgan, Morgan Stanley, BNP Paribas, Banco Santander, Macquarie Bank and Deutsche Bank.  More info below. 

“ Germany $11 Billion Cum-Ex Dividend Tax Fraud Mastermind Hanno Berger Sentenced to 8 Years & 3 Months Jail with JP Morgan, Morgan Stanley, Bank of America & Barclays Offices Raided by Authorities, Fled to Switzerland in 2012 & Extradited to Germany in 2023 February “

 



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Former Morgan Stanley & Credit Suisse Banker Sanjay Shah Lost Appeal in Dubai and Ordered to Pay Denmark Authorities $1.24 Billion for Cum-Ex Tax Fraud Including Extradition to Denmark, Alleged Mastermind Helping Pension Funds Filed for $2 Billion Tax Returns Rebates When No Actual Tax Had Been Paid

Sanjay Shah

20th May 2023 – Former Morgan Stanley & Credit Suisse banker, and hedge fund founder Sanjay Shah had lost his final appeal in Dubai (Dubai Court of Cessation, 16/5/23) and ordered to pay Denmark tax authorities (Skat) $1.24 billion for Cum-Ex tax fraud including being extradited to Denmark to face prosecution.  Sanjay Shah is the alleged mastermind to help pension funds file for of $2 billion of tax returns (rebates) when no actual tax had been paid.  An initial ruling was made in Dubai in 2020 August, but Sanjay Shah had appealed to Dubai Court of Appeal.  Sanjay Shah is a British citizen and lives on The Palm Jumeirah, an archipelago of artificial islands on the Persian Gulf in Jumeirah, Dubai (UAE).  Sanjay Shah was a former banker at Morgan Stanley, Credit Suisse & Rabobank, and founded hedge fund Solo Capital.  Sanjay Shah is part of the Cum-Ex tax fraud.  Wiki: CumEx-Files is an investigation by a number of European news media outlets into a tax fraud scheme discovered by them in 2017, with estimated losses at $63.2 billion by governments.  Banks that are involved in the investigation include Barclays, Merrill Lynch, JP Morgan, Morgan Stanley, BNP Paribas, Banco Santander, Macquarie Bank and Deutsche Bank.




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