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British hedge fund trader Anthony Patterson pleaded guilty to Tax Scandal Charges in Denmark.
A British hedge fund trader, Anthony Patterson, pleaded guilty to helping defraud Denmark of approximately $1.2 billion in the Cum-Ex tax fraud scandal.
Patterson admitted to contributing to nearly 3,000 fraudulent trades and participating in a scheme that led to the Danish state losing over 9 billion Danish crowns.
The Cum-Ex scam involved exploiting dividend payout loopholes across multiple European countries to obtain duplicate tax refunds.
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El comerciante de fondos de cobertura británico Anthony Patterson se declaró culpable de cargos de escándalo fiscal en Dinamarca.