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Lecture: The Cum-Ex Files by Oliver Schröm
3 June at 20:00 - 22:00
In 2017, several news outlets across Europe broke the news that they had uncovered the largest tax fraud scheme in European history. The journalist, working under the group banner of COLLECTIV, discovered that so-called Cum-Ex trades, where investors would abuse financial instruments to obtain reimbursements on taxes they never paid. These schemes have been outlawed in various European countries, but are still legal in some because of legal loopholes. These schemes have costed the European tax payers and approximate 62.9 billion Euros, around 120 euro for every man, woman, and child living in the EU.
To talk about this investigation, we will be joined Oliver Schröm, who himself played a major role in the Cum-Ex investigation. He is one of Germany’s most accomplished investigative journalists, being the head of the German association of investigative journalists.
This event is free and open to everyone.