DailyMaverick
A central figure in the epic ‘cum-ex’ tax fraud scheme was convicted in June after cooperating with prosecutors. At the height of the scheme, Dr Kai-Uwe Steck advised Investec and others on how to claim fraudulent tax refunds from European governments. Investec has acknowledged what it calls the ‘historical involvement’ of its employees…
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AMABHUNGANE: Milestone conviction in multibillion ‘cum-ex’ tax fraud tightens noose around Investec
Nancie Volkman
08:35
A central figure in the epic ‘cum-ex’ tax fraud scheme was convicted in June after cooperating with prosecutors. At the height of the scheme, Dr Kai-Uwe Steck advised Investec and others on how to claim fraudulent tax refunds from European governments. Investec has acknowledged what it calls the ‘historical involvement’ of its employees…
