Hedge Fund Founder Claims Controversial Tax Trades Were ‘Completely Legal’

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Sanjay Shah, the hedge fund founder accused of masterminding a Cum-Ex trading scheme that robbed £1.4 billion ($1.7 billion) from the Danish government, claimed he thought the transactions were “completely legal.”

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Hedge Fund Founder Sanjay Shah at Heart of Trial Over £1.4 Billion Tax ScamHedge fund founder Sanjay Shah was accused of being the mastermind behind a “meticulously pre-planned” Cum-Ex trading scheme that defrauded the Danish government of £1.4 billion ($1.7 billion) at the start of London civil trial.
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