Europe's Incredible €55B 'CumEx' Tax Fraud Scheme
The remarkable story of how a network of bankers, stock traders, and lawyers swindled Europe’s taxpayers out of €55 billion in a scam involving dividend taxes, as exposed by a joint investigation by 19 European media from twelve countries, coordinated by the German non-profit newsroom CORRECTIV
Estimated losses for the five hardest-hit countries are €32 billion for Germany, €17 billion for France, €4.5 billion for Italy, €1.7 billion for Denmark, and €200 million for Belgium.
This session will be presented by German investigative reporters Oliver Schröm and Christian Salewski, who initiated, coordinated and directed an investigation known as 'The CumEx Files'.
Investigative Journalist, NDR
Investigative Journalist, ARD German TV - Panorama