The biggest tax heist in European history.
The cum-ex scandal has caused 146 billion euros in losses in several countries. Inspired by true events, two women from Germany and Denmark are trying to put an end to it.
The cum-ex scandal has caused 146 billion euros in losses in several countries. Inspired by true events, two women from Germany and Denmark are trying to put an end to it.

Ngày phát sóng: 2025-04-13
Thời lượng: 44 min
Tổng quan: In Frankfurt, tax lawyer Dr. Bernd Hausner and the young Sven Lebert set up a fund based on the double refund of capital gains tax: so-called Cum-Ex transactions.

Ngày phát sóng: 2025-04-13
Thời lượng: 44 min
Tổng quan: In Germany and Denmark, legislation is being drafted in parallel to prevent cum-ex transactions. However, in both countries, the banking lobby is succeeding in influencing the legislation.

Ngày phát sóng: 2025-04-13
Thời lượng: 45 min
Tổng quan: Hausner and Lebert realize that their business partner, Fred Allen, has been cheating on them for years; they can't report him. For the first time, Lebert considers a future without his mentor.

Ngày phát sóng: 2025-04-13
Thời lượng: 45 min
Tổng quan: Young tax official Anna Nowak refuses to reimburse Hausner and Lebert's funds worth millions. She informs public prosecutor Lena Birkwald, who takes over the case.

Ngày phát sóng: 2025-04-14
Thời lượng: 45 min
Tổng quan: Public Prosecutor Birkwald and her team are slowly becoming aware of the extent of the cum-ex transactions. She is pursuing a plan to conduct simultaneous searches in 16 countries.

Ngày phát sóng: 2025-04-14
Thời lượng: 45 min
Tổng quan: The worldwide searches were a complete success for Public Prosecutor Birkwald – much to the displeasure of Hausner and Lebert. Lebert also learned that he had been let down by her.

Ngày phát sóng: 2025-04-14
Thời lượng: 45 min
Tổng quan: With Lebert's help, investigative journalists Liholt from Copenhagen and Fromm from Hamburg deceive the Cum-Ex fraudster Akram and get a picture of the shocking extent of the scandal.

Ngày phát sóng: 2025-04-14
Thời lượng: 44 min
Tổng quan: Lena Birkwald succeeds in making the extent of tax fraud clear to the Finance Minister of North Rhine-Westphalia. But Birkwald also wants to get to grips with the institutions themselves: the banks.

