{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5f11b3eae2edb12bac02c2c9/5fdcfa757dc53918b4da0864?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"CumEx: probably the biggest tax scandal you've never heard of","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5f11b3eae2edb12bac02c2c9/1720430465379-00ac3c897a4a3f0ac53d50cabb8f1019.jpeg?height=200","description":"<p>In this episode, we are joined by Bloomberg finance reporter Donal Griffin. For the past 18 months Donal has been following the development of the multi-billion tax trading scandal known as CumEx.</p><p><br></p><p>While you may well have heard of financial scandals like LIBOR rigging and FX market manipulation, CumEx is probably the biggest scandal that you've never heard of. </p><p><br></p><p>From billions of Euros at stake to widespread investigations into major financial institutions and explosive court testimony, this story really has it all!</p><p><br></p><p><strong>Show references</strong></p><p><a href=\"https://www.bloomberg.com/news/articles/2019-05-31/barclays-london-stocks-unit-is-thriving-on-tax-reduction-trades\" rel=\"noopener noreferrer\" target=\"_blank\">Barclays unit - May 2019</a></p><p><a href=\"https://www.bloomberg.com/news/articles/2019-09-18/london-banker-expresses-regret-for-role-in-german-tax-scandal?sref=hIAgnhSu\" rel=\"noopener noreferrer\" target=\"_blank\">Landmark Cum-Ex trial - September 2019</a> </p><p><a href=\"https://www.bloomberg.com/news/articles/2020-07-02/duet-ceo-gabay-appears-in-french-court-in-cum-ex-related-case?sref=hIAgnhSu\" rel=\"noopener noreferrer\" target=\"_blank\">Arrest and extradition of Henry Gabay - July 2020</a> </p><p><a href=\"https://www.bloomberg.com/news/articles/2020-07-14/london-cum-ex-arrests-are-tip-of-the-iceberg-as-brexit-looms\" rel=\"noopener noreferrer\" target=\"_blank\">'Tip of the Iceberg' for Cum-Ex arrests - July 2020</a> </p><p><a href=\"https://www.bloomberg.com/news/articles/2020-10-06/the-unemployed-trader-who-became-a-700-million-cum-ex-exile\" rel=\"noopener noreferrer\" target=\"_blank\">Sanjay Shah speaks! - October 2020</a></p><p><a href=\"https://www.bloomberg.com/news/articles/2020-11-19/icap-probe-expands-as-germany-calls-it-spider-in-cum-ex-web\" rel=\"noopener noreferrer\" target=\"_blank\">ICAP the 'Spider' in the Cum-Ex web - November 2020</a></p>","author_name":"RPC"}