Hedge Funder Will Face $1.5B Tax Fraud Charges In Denmark

Law360, London (January 8, 2021, 5:27 PM GMT) -- A Dubai-based hedge fund manager is one of two U.K. citizens charged by Danish prosecutors over an alleged $1.5 billion tax fraud and plans to attend the trial in Denmark, his spokesman said on Friday.

Sanjay Shah said he will stand trial in Denmark after prosecutors accused him of being the principal architect of a scheme to defraud the Danish treasury, his representative, Jack Irvine, confirmed. Dubai-based Shah has denied any wrongdoing.

The Danish state prosecutor for serious economic and international crime said on Thursday that it has formally charged two British men with gross fraud over an alleged fraud scheme. The British nationals...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!