London court rules hedge fund trader should be extradited to Denmark over £1.5bn fraud case

Mark Battersby
clock • 1 min read

A British hedge fund trader can be extradited to Denmark to face charges that he helped defraud the country's tax authorities out of 9 billion kroner ($1. 2bn), a London judge has ruled.  The Westminster magistrates court judge said trader Anthony Mark Patterson should be extradited to Denmark to face two charges concerning his alleged role in the £1.5bn tax fraud scheme, according to widespread media reports.  Patterson is accused of acting as an assistant to hedge fund manager Sanjay Shah, who is alleged to have masterminded the "cum-ex" tax fraud scheme. The scheme allegedly saw...

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