Karin Matussek

Hanno Berger was convicted in a tax scandal that robbed billions of euros from government coffers and ensnared some of Wall Street's biggest banks.

Henry Gabay, founder of the now-defunct Duet Group, told a German court that he's innocent and that the Cum-Ex charges against him are built on lies.

Dirk Schreiber was the first top manager to be imprisoned over an accounting scandal that led to the near-collapse of the retailer.

Jan Marsalek was a key figure at Wirecard before its implosion in an accounting scandal in June 2020.

The seven-country search could plunge the troubled German landlord deeper into crisis.

The Cum-Ex scandal has robbed billions of euros from government coffers and embroiled some of Wall Street's biggest names.

The two men were named by the retailer in 2019 following a forensic probe by PwC that uncovered $7.2 billion of irregular transactions.

Cum-Ex, a strategy that took advantage of how Germany collected dividend tax, involved multiple parties claiming refunds on a tax that was paid only once.

The case revolves around Cum-Ex, a strategy that took advantage of a loophole in how Germany collected dividend tax.

The trial of Markus Jooste was halted on day one after he was unable to leave his home country South Africa.

Olearius was the first senior banker charged for allegedly taking part in a controversial tax dividend scandal that cost German taxpayers billions of euros.

Markus Braun insisted he acted properly when he told markets two months before the company's spectacular demise that a KPMG probe found no wrongdoing — even though the auditor didn't have access to the documents it needed.

In his first public comments about his involvement in an episode that wiped out billions of euros in shareholder value, Braun spoke of a "day of shock and pain."

Cum-Ex siphoned off billions by taking advantage of tax laws that seemed to allow multiple investors to claim refunds of a tax on dividends that was paid only once.

The controversial Cum-Ex scandal has swept up Wall Street's biggest banks.

Hanno Berger, a German lawyer dubbed the "mastermind" of Cum-Ex, was sentenced for his role in part of a sprawling tax scandal that's robbed billions of euros from government coffers.

Piles of relevant documents were disclosed to the defense only four weeks before the trial started.

Markus Braun's payment company collapsed under the weight of fraud allegations, wiping out billions in shareholder value.

Hanno Berger, a key figure in the sprawling Cum-Ex tax scandal, should get nine years in prison, prosecutors said in closing arguments at a German criminal trial.

The scandal has increasingly ensnared Wall Street's biggest banks.