Cum-Ex Schemes Continue to Defraud Germany Despite Legal Changes
Former Cologne prosecutor Brorhilker reveals that Cum-Ex schemes, costing Germany at least €10 billion between 2006-2011, persist despite a 2012 law, facilitated by data stored in foreign jurisdictions with weak legal protections; she advocates for a centralized German authority to combat such finan...
Cum-Ex Schemes Continue to Defraud Germany Despite Legal Changes
Former Cologne prosecutor Brorhilker reveals that Cum-Ex schemes, costing Germany at least €10 billion between 2006-2011, persist despite a 2012 law, facilitated by data stored in foreign jurisdictions with weak legal protections; she advocates for a centralized German authority to combat such finan...
Progress
48% Bias Score
Cum-Ex Tax Fraud Continues Despite 2012 Law Changes
Former German Cum-Ex investigator Anne Brorhilker claims that Cum-Ex and Cum-Cum tax fraud schemes, which cost the German government an estimated €38 billion, continue despite a 2012 law change, hindering recovery efforts due to international data transfer and insufficient investigative resources.
Cum-Ex Tax Fraud Continues Despite 2012 Law Changes
Former German Cum-Ex investigator Anne Brorhilker claims that Cum-Ex and Cum-Cum tax fraud schemes, which cost the German government an estimated €38 billion, continue despite a 2012 law change, hindering recovery efforts due to international data transfer and insufficient investigative resources.
Progress
48% Bias Score
Hamburg's Insufficient Staffing Fails to Investigate Millions in Potential Tax Losses
The Hamburg Finance Authority's insufficient staffing, revealed in a parliamentary investigation, failed to properly investigate millions of euros in potential tax losses from HSH Nordbank's Cum-Ex and Cum-Cum transactions; this raises concerns about systemic failures in tax enforcement.
Hamburg's Insufficient Staffing Fails to Investigate Millions in Potential Tax Losses
The Hamburg Finance Authority's insufficient staffing, revealed in a parliamentary investigation, failed to properly investigate millions of euros in potential tax losses from HSH Nordbank's Cum-Ex and Cum-Cum transactions; this raises concerns about systemic failures in tax enforcement.
Progress
52% Bias Score
BGH Doubles Cum-Ex Repayment for Maple Bank Managers to €20 Million
The German Federal Court of Justice (BGH) ordered four former Maple Bank managers to repay roughly €20 million in Cum-Ex tax evasion proceeds, almost double the initial ruling, setting a significant precedent for ongoing investigations involving over 1700 suspects and potentially recovering billions...
BGH Doubles Cum-Ex Repayment for Maple Bank Managers to €20 Million
The German Federal Court of Justice (BGH) ordered four former Maple Bank managers to repay roughly €20 million in Cum-Ex tax evasion proceeds, almost double the initial ruling, setting a significant precedent for ongoing investigations involving over 1700 suspects and potentially recovering billions...
Progress
32% Bias Score
Germany's Slow Cum-Ex/Cum-Cum Recovery: Systemic Issues and Call for Reform
Former German prosecutor Brorhilker criticizes the slow recovery of billions of euros lost to Cum-Ex and Cum-Cum tax schemes due to insufficient inter-agency cooperation, lack of specialized expertise, and data stored abroad; she calls for a central authority to combat financial crime.
Germany's Slow Cum-Ex/Cum-Cum Recovery: Systemic Issues and Call for Reform
Former German prosecutor Brorhilker criticizes the slow recovery of billions of euros lost to Cum-Ex and Cum-Cum tax schemes due to insufficient inter-agency cooperation, lack of specialized expertise, and data stored abroad; she calls for a central authority to combat financial crime.
Progress
48% Bias Score
Munich Court Sentences Two in Cum-Ex Trial
A Munich court sentenced two men to five years and three months imprisonment each for Cum-Ex tax evasion, resulting in over €343 million in losses, a small portion of the estimated tens of billions defrauded via this scheme.
Munich Court Sentences Two in Cum-Ex Trial
A Munich court sentenced two men to five years and three months imprisonment each for Cum-Ex tax evasion, resulting in over €343 million in losses, a small portion of the estimated tens of billions defrauded via this scheme.
Progress
44% Bias Score
"Scholz Denies Political Influence in Cum-Ex Tax Evasion Cases, Facing Questions on Memory Lapses"
"German Chancellor Olaf Scholz testified before a parliamentary committee on Friday, denying political influence in tax evasion cases involving Warburg Bank and HSH Nordbank, while acknowledging the seriousness of Cum-Ex and Cum-Cum schemes but citing memory lapses regarding specific details."
"Scholz Denies Political Influence in Cum-Ex Tax Evasion Cases, Facing Questions on Memory Lapses"
"German Chancellor Olaf Scholz testified before a parliamentary committee on Friday, denying political influence in tax evasion cases involving Warburg Bank and HSH Nordbank, while acknowledging the seriousness of Cum-Ex and Cum-Cum schemes but citing memory lapses regarding specific details."
Progress
44% Bias Score
Cum-Ex Trial: Accusations of Prosecutorial Misconduct
The Cum-Ex trial in Bonn begins with the defense leveling serious accusations against the Cologne Public Prosecutor's Office, alleging misconduct and potential falsification of statements.
Cum-Ex Trial: Accusations of Prosecutorial Misconduct
The Cum-Ex trial in Bonn begins with the defense leveling serious accusations against the Cologne Public Prosecutor's Office, alleging misconduct and potential falsification of statements.
Progress
32% Bias Score