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Sanjay Shah Sentenced in Danish Tax Fraud Case

Sanjay Shah Sentenced in Danish Tax Fraud Case

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On December 13, 2024, British hedge fund trader Sanjay Shah was sentenced to 12 years in prison by a Danish court for his involvement in a tax fraud scheme that cost Denmark over £1 billion. This marks the longest sentence for a financial crime in Danish history. Shah was also ordered to forfeit assets valued at approximately $1 billion. The case underscores the increasing scrutiny and legal actions against complex financial frauds in Europe.  

Shahzad Ali
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Shahzad Ali

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