More Traders Likely Face Charges in Danish Tax Investigations

  • Danish prosecutor comments days after first charges filed
  • Prosecutor calls Cum-Ex most complicated tax case in history
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Danish prosecutors who charged hedge-fund manager Sanjay Shah with running a $1.6 billion tax fraud say they’re looking at a “number of other suspects” in the case.

Prosecutors said they’ll be in a position by March to decide whether to press charges against more members of a network that they say was set up to defraud the government in the biggest and most complex tax case in history.