Sanjay Shah
Sanjay Shah is a British hedge fund manager who has found himself at the center of the Cum-Ex scandal, accused of orchestrating a massive tax fraud scheme that allegedly cost the German treasury €46.5 million. He has been living in Dubai but is currently imprisoned in Denmark, where he was sentenced to twelve years for related offenses. Shah maintains his innocence and has appealed the decision, asserting that he did not engage in illegal activities despite the serious charges against him.
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Recent news mentions
Sanjay Shah was imprisoned in Denmark in a separate criminal trial last year.
I blew the whistle on a massive tax fraud
United Kingdom· 2025-11-02
Sanjay Shah previously collaborated with Guenther Klar and was sentenced to 12 years in prison for defrauding the Danish treasury.
Udbyttesvindler skal udleveres til Luxembourg efter dansk afsoning
Denmark· 2025-10-04
Sanjay Shah is described as a major fraudster who embezzled 12.7 billion kr. from the Danish treasury.
Dommen i London blotlægger på ydmygende vis det administrative og politiske svigtDenmark· 2025-10-04
Sanjay Shah is described as a major fraudster who has embezzled a significant amount of money from the Danish treasury.
Ansvaret for milliardudbetalingerne i Sanjay Shah-sagen falder tilbage på det danske skattesystemDenmark· 2025-10-03Sanjay Shah was imprisoned in Denmark in a separate criminal trial last year.
Denmark loses £1.4bn tax fraud claim in UK court caseUnited Kingdom· 2025-10-02Sanjay Shah is the main perpetrator of the dividend fraud scandal and has been held in custody in Vestre Fængsel.
Først da Sanjay Shah klagede over problemer med internettet gik det op for myndighederne, at han ved en fejl havde adgang til nettet på sin computerDenmark· 2025-09-04Sanjay Shah indicated during his trial that the conditions he faced in Vestre Fængsel were actually quite good compared to those in Dubai.
Først da Shah klagede over problemer med internettet gik det op for myndighederne, at han ved en fejl havde adgang til nettet på sin computerDenmark· 2025-09-04Sanjay Shah was sentenced to 12 years in prison for the largest fraud against the Danish treasury ever.
Sanjay Shahs rådgiver skal betale Danmark en halv milliardDenmark· 2025-03-27
Sanjay Shah is a convicted fraudster awaiting an appeal in Denmark after being sentenced for a massive tax fraud scheme.
Shah får nej til at bo på designerhotel i Nordhavn under ankesagDenmark· 2025-03-17
Sanjay Shah is identified as the main perpetrator in the dividend tax fraud case against him.
Ankesag imod Shah ventes at starte i november 2026Denmark· 2025-02-19
Sanjay Shah is accused of being a key figure in the Cum-Ex scandal and is currently in a Danish prison facing serious tax evasion charges in Germany.
Cum-Ex: Wie ein Brite den deutschen Fiskus um Millionen betrogen haben soll - Wirtschaft
Germany· 2025-02-13