Deutsche Bank HQ Raided by German Prosecutors This Time for a Cum-Ex Tax Probe
Posted on 10/18/2022
Deutsche Bank AG’s headquarters were raided by prosecutors as part of German prosecutors’ vast investigation of the controversial “cum-ex” transactions. The trading scheme known as “cum-ex” is known as dividend stripping. The name “cum-ex” is derived from Latin, meaning “with without”, and refers to the disappearing nature of the fraudulent dividend payments. Essentially, banks and…
