Architect of the Century’s Biggest Tax Scheme Arrested in Switzerland
ISOBEL VAN HAGEN, 14 July 2021
A German tax attorney, and the mastermind behind the so-called biggest tax scandal of the century, was arrested by Swiss authorities last week on an extradition warrant. An expert told the OCCRP on Tuesday that like all others involved in the multi-billion affair, Hanno Berger too will say he never broke any law.
Berger is believed to have helped organize and promote share deals that exploited a loophole in German law used by some 900 financial institutions and individuals across Europe. The scheme became known as Cum-Ex and has cost treasuries across the continent some 55 billion euro (US$65 billion). Continue reading “Article: Architect of the Century’s Biggest Tax Scheme Arrested in Switzerland”
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