Fraud squad seizes London property funded by share-dividend scam
The State Prosecutor’s Office for Serious Economic and International Crime (SØIK), popularly known as the fraud squad, has seized an up-market property in Hyde Park, London, belonging to Sanjay Shah, the British businessman…
Fraud insider reveals share-dividend details
In the ongoing controversy surrounding the share dividend scandal a British former investment banker involved in developing the scheme has provided an insight into how the Danish state was scammed out of billions…
More fraudsters revealed in multi-billion share-dividend scam
British businessman Sanjay Shah isn’t the only person involved in the DKK12.7bn share dividend scandal, Denmark’s biggest-ever tax fraud. The Dubai-based 49-year-old Shah is suspected of being the kingpin behind the massive fraud…
Fraudster’s business partner nabbed in U.S.
A close business partner of alleged tax scammer Sanjay Shah has been arrested in the U.S. and charged with tax evasion and obstructing the US tax authorities (IRS). According to the indictment, Matthew…
Fraudster admits to tax scam
One of the main suspects in Denmark’s biggest-ever tax scam pleaded guilty to all charges, Thursday, while providing damning evidence against Sanjay Shah, the alleged ‘kingpin’ of the DKK12.7bn share dividend fraud. British…
US court rules against pension companies in tax fraud case
The Danish Tax Agency (SKAT) has been given the green light to proceed with a lawsuit in the U.S. to recover billions of dollars that were lost in the tax refund scam. A…
Accused in dividend fraud case jailed due to “flight risk”
British hedge fund trader Anthony Mark Patterson, one of the alleged ringleaders of the 2016 multi-billion share dividend scam , was remanded in custody for four weeks by Glostrup District Court, Wednesday. The presiding…
Tax fraudster in court today
One of the main suspects in the 2016 multi-billion share dividend scam will appear before Glostrup District Court this morning after being extradited from the UK, Tuesday. 51-year-old British hedge fund trader Anthony…
Tax authority requests extra funds to pay fraud case expenses
The Danish Tax Agency needs extra funding in 2023 to cover the costs of the numerous lawyers involved in the pursuit of funds from Sanjay Shah and others implicated in the 2016 share…
Defence Ministry in fraud scandal
The military has been hit with a new fraud scandal after a leading employee at the Ministry of Defence Acquisition and Logistics Organisation (DALO) was reported to the police for attempting to transfer…
Danish Krone Exchange Rate