Share fraudster used Jewish school to claim illegal tax refunds
Sanjay Shah, the alleged kingpin behind the multi-billion share dividend scam, has now been accused by German prosecutors of using a Jewish school in New York to execute trades totaling €920m ($1.1bn) as part…
6 more charged in share dividend scam
Six more people have been charged in the multi-billion share-dividend scam. In January two British nationals – Sanjay Shah and Anthony Mark Patterson – were formally charged by Danish prosecutors with unlawfully defrauding…
Wanted fraudster charged in Germany
British national Sanjay Shah, who’s wanted in this country for his role in the 2016 DKK12.7bn share dividend scam, was charged with money laundering in Germany, Monday. In January he was formally charged, in…
3,000 tax snoops hired to clean up after fraud scams
The Tax Department is aiming to hire around 3,000 people ahead of 2023 to carry out a clean-up following a number of scandals – Denmark has suffered massive tax problems over the past…
Fraud squad closing in on more suspects in multi-billion tax scam
The State Prosecutor’s Office for Serious Economic and International Crime (SØIK), popularly known as the fraud squad, is pursuing a number of suspects involved in the 2016 share dividend scam when the Danish…
Two Brits charged in multi-billion share scam
Two British nationals, allegedly the kingpins behind the DKK12.7bn share dividend scam in 2016, have been formally charged by Danish prosecutors with unlawfully defrauding the tax authorities out of more than DKK 9bn…
Ex-tax minister was asked to conceal details of share dividend scam
Karsten Lauritzen was frustrated about the veil of secrecy surrounding the share dividend scandal when he became tax minister following the 2015 election. In testimony to the legal commission investigating how foreign investors…
Denmark facing $1.5bn invoice in legal costs as fraudster rejects plea bargain
Denmark has already lost DKK12.7bn in the share dividend scandal and is now facing a DKK10bn ($1.5bn) invoice from British lawyers pursuing the lost millions in London. The Danish Tax Authority has previously…
Dubai court throws out Tax Agency’s multi-billion claim against British fraudster
A Dubai court has dismissed the Danish Tax Agency’s legal claim against Sanjay Shah, the main suspect in the DKK12.7bn share dividend scandal, Denmark’s biggest-ever tax fraud. The alleged scam happened between 2012-2105 when,…
New fraud probe at Defence Ministry agency
Defence Minister Trine Bramsen has launched an investigation into new fraud allegations at the Ministry of Defence Estate Agency (MDEA), where a former employee allegedly rewarded her partner with more than 4 million…
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