The Judiciary Is Investigating The Cum-Ex Scandal

More and more financial institutions are becoming the target of raids in connection with cum ex deals, and the first prison sentences for bankers have already been handed down. The investigations into this billion euro tax scandal are gaining momentum, yet many observers believe that only a fraction of the full extent has been uncovered so far.

According to Prof. Dr. Christoph Spengel, Chair of Business Administration and Taxation, the judgments reached so far represent only the tip of the iceberg.

He points out that the ongoing investigations are likely to reveal further dimensions of the scandal, as reflected in several recent media reports in which he provides expert assessment.

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