Fund Managers Seek Quick Exit From $2B Danish Fraud Suit

Law360, London (June 23, 2020, 5:39 PM BST) -- Two former employees at a British hedge fund at the center of a Danish lawsuit urged a London court on Tuesday to strike out claims that they took part in an international scheme to bilk the country out of $2 billion by filing fake claims for tax refunds.

Charles Knott and James Hoogewerf, who both worked at Solo Capital — a British hedge fund run by the alleged architect of a dividend tax fraud against the Danish government — argued that Denmark's tax department, known as SKAT, does not have "the faintest clue" how they were allegedly involved.

"[SKAT] is not...

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