British trader found guilty of £1.4bn fraud
Source: BBC
A British hedge fund trader has been sentenced to 12 years in prison in Denmark, after being found guilty of orchestrating a tax fraud that cost the Danish government more than £1bn.It is the heaviest penalty ever given out in Denmark for a fraud case. In addition to the prison term, financier Sanjay Shah, who was the founder of London-based hedge fund Solo Capital Partners, received a permanent entry ban to…
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