Hedge Fund Trader Shah Extradited to Denmark a Year After Arrest
- Sanjay Shah is accused of $1.3 billion fraud in Cum-Ex scheme
- Shah taken into custody by police on his arrival in Denmark
This article is for subscribers only.
Sanjay Shah, a hedge-fund trader accused of defrauding the Danish state of $1.3 billion in the Cum-Ex trading scam, has been handed over to Denmark to face criminal charges just over a year after he was arrested in Dubai.
Shah was taken into custody by police on his arrival in Copenhagen on Wednesday, and will be taken to court for a bail hearing on Thursday morning, Danish police said in a statement.