About an estimation of 55 billion euros in a securities trading scheme known as Cum-EX scheme cheated European tax authority. This scam took place between the years 2002 and 2012.
Cum-Ex schemes were first disclosed to the public in 2012 when European journalists, led by the German group CORRECTIV, investigated and published a documentary on the so-called Cum-Ex Files.
Watch the video to get more insight on Cum-EX scheme –
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