#Latest news with #GuentherKlarBloomberg29-01-2025BusinessBloombergConvicted Hedge Fund Trader Wins Cut in Prison Term in Tax Scandal CaseA hedge fund trader convicted of fraud over sham Cum-Ex trades in a massive scandal that cost Denmark 's treasury a total of 12.7 billion kroner ($1.8 billion) had his prison sentence reduced by a Danish appeals court. Guenther Klar, who was originally handed six years in prison had his sentence reduced to three-and-a-half years, according to a statement by the court. It was shortened because a Belgian court sentenced him to more than four years over similar crimes and he shouldn't serve double time.
Bloomberg29-01-2025BusinessBloombergConvicted Hedge Fund Trader Wins Cut in Prison Term in Tax Scandal CaseA hedge fund trader convicted of fraud over sham Cum-Ex trades in a massive scandal that cost Denmark 's treasury a total of 12.7 billion kroner ($1.8 billion) had his prison sentence reduced by a Danish appeals court. Guenther Klar, who was originally handed six years in prison had his sentence reduced to three-and-a-half years, according to a statement by the court. It was shortened because a Belgian court sentenced him to more than four years over similar crimes and he shouldn't serve double time.
29-01-2025
