{"id":60183,"date":"2022-06-04T14:47:46","date_gmt":"2022-06-04T10:47:46","guid":{"rendered":"https:\/\/lovin.co\/dubai\/en\/?p=60183"},"modified":"2022-06-04T14:47:47","modified_gmt":"2022-06-04T10:47:47","slug":"dubai-police-sanjay-shah","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/latest\/dubai-police-sanjay-shah\/","title":{"rendered":"Dubai Police Arrested Sanjay Shah Who Swindled Tax Authorities For Over AED6.2 Billion"},"content":{"rendered":"<p><em>Dubai Police Arrested Sanjay Shah Who Swindled Tax Authorities For Over AED6.2 Billion<\/em><\/p>\n<p>Dubai Police arrested Sanjay Shaw, a hedge fund trader, who is the main suspect in a tax fraud and money laundering case in Denmark, worth over US $1.7 billion or over AED6.2 billion.<\/p>\n<p>Dubai Police stated it received a red warrant to arrest Shah for extradition back to Denmark.<\/p>\n<p>The arrest came after close cooperation between the UAE and Denmark under a bilateral extradition treaty that was signed in March 2022.<\/p>\n<p><em>Images via @dubaipolicehq<\/em><\/p>\n<div style='clear:both;'><\/div>\n<p><!--infeed--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Dubai Police arrest suspect in Danish dividend tax fraud and money laundry cases <a href=\"https:\/\/t.co\/EGklI7f5x1\">pic.twitter.com\/EGklI7f5x1<\/a><\/p>\n<p>\u2014 Dubai Police\u0634\u0631\u0637\u0629 \u062f\u0628\u064a (@DubaiPoliceHQ) <a href=\"https:\/\/twitter.com\/DubaiPoliceHQ\/status\/1532681195380678656?ref_src=twsrc%5Etfw\">June 3, 2022<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Shah had reportedly set up various shell companies to claim tax refunds<\/h2>\n<p>According to Gulf News, the 52-year-old is said to be the mastermind of a scam called the &#8216;cum-ex&#8217; trading, that housed a global network of bankers, lawyers and agents who illegally sought refunds on dividend taxes that were never paid by them, and on stocks that were never owned.<\/p>\n<p>Major General Khalil Ibrahim Al Mansouri, Assistant Commander-in-Chief for Criminal Investigation Affairs, Dubai Police, also said that after the exchange of information with Danish authorities, a task force was initiated by Dubai Police to look into, gather evidence and track Shah&#8217;s movements in the country.<\/p>\n<p>\u201cA team from the Wanted Persons Department and the Anti-Money Laundering Department put Shah under surveillance until he was arrested,\u201d Maj. Gen. Al Mansouri said.<\/p>\n","protected":false},"excerpt":{"rendered":"Dubai Police Arrested Sanjay Shah Who Swindled Tax Authorities For Over AED6.2 Billion Dubai Police arrested Sanjay Shaw, a hedge fund trader, who is the main suspect in a tax fraud and money laundering case in Denmark, worth over US $1.7 billion or over AED6.2 billion. Dubai Police stated it received a red warrant to &hellip; ","protected":false},"author":453,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,85],"tags":[],"acf":{"featured_for_app":false,"legacy_meta_tags":"","is_guest_user":false,"hide_featured_image":false,"featured_image":{"ID":60184,"id":60184,"title":"sanjay shah dubai police arrested","filename":"sanjay-shah-dubai-police-arrested.jpg","filesize":47608,"url":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested.jpg","link":"https:\/\/lovin.co\/dubai\/en\/latest\/dubai-police-sanjay-shah\/attachment\/sanjay-shah-dubai-police-arrested\/","alt":"","author":"453","description":"","caption":"","name":"sanjay-shah-dubai-police-arrested","status":"inherit","uploaded_to":60183,"date":"2022-06-04 08:10:36","modified":"2022-06-04 08:10:36","menu_order":0,"mime_type":"image\/jpeg","type":"image","subtype":"jpeg","icon":"https:\/\/lovin.co\/dubai\/en\/wp-includes\/images\/media\/default.png","width":700,"height":350,"sizes":{"thumbnail":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested-small.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested-medium.jpg","medium-width":300,"medium-height":150,"medium_large":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested.jpg","medium_large-width":700,"medium_large-height":350,"large":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested-large.jpg","large-width":700,"large-height":350,"1536x1536":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested.jpg","1536x1536-width":700,"1536x1536-height":350,"2048x2048":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested.jpg","2048x2048-width":700,"2048x2048-height":350,"small":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested-230x115.jpg","small-width":120,"small-height":60,"custom-size":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2022\/06\/04121036\/sanjay-shah-dubai-police-arrested.jpg","custom-size-width":400,"custom-size-height":200}},"featured_image_caption":"","summary":"","flexible_content":[{"acf_fc_layout":"text_block","content":"<p><em>Dubai Police Arrested Sanjay Shah Who Swindled Tax Authorities For Over AED6.2 Billion<\/em><\/p>\n<p>Dubai Police arrested Sanjay Shaw, a hedge fund trader, who is the main suspect in a tax fraud and money laundering case in Denmark, worth over US $1.7 billion or over AED6.2 billion.<\/p>\n<p>Dubai Police stated it received a red warrant to arrest Shah for extradition back to Denmark.<\/p>\n<p>The arrest came after close cooperation between the UAE and Denmark under a bilateral extradition treaty that was signed in March 2022.<\/p>\n<p><em>Images via @dubaipolicehq<\/em><\/p>\n"},{"acf_fc_layout":"embed_block","embed_item":"<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Dubai Police arrest suspect in Danish dividend tax fraud and money laundry cases <a href=\"https:\/\/t.co\/EGklI7f5x1\">pic.twitter.com\/EGklI7f5x1<\/a><\/p>\n<p>\u2014 Dubai Police\u0634\u0631\u0637\u0629 \u062f\u0628\u064a (@DubaiPoliceHQ) <a href=\"https:\/\/twitter.com\/DubaiPoliceHQ\/status\/1532681195380678656?ref_src=twsrc%5Etfw\">June 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n"},{"acf_fc_layout":"text_block","content":"<h2>Shah had reportedly set up various shell companies to claim tax refunds<\/h2>\n<p>According to Gulf News, the 52-year-old is said to be the mastermind of a scam called the &#8216;cum-ex&#8217; trading, that housed a global network of bankers, lawyers and agents who illegally sought refunds on dividend taxes that were never paid by them, and on stocks that were never owned.<\/p>\n<p>Major General Khalil Ibrahim Al Mansouri, Assistant Commander-in-Chief for Criminal Investigation Affairs, Dubai Police, also said that after the exchange of information with Danish authorities, a task force was initiated by Dubai Police to look into, gather evidence and track Shah&#8217;s movements in the country.<\/p>\n<p>\u201cA team from the Wanted Persons Department and the Anti-Money Laundering Department put Shah under surveillance until he was arrested,\u201d Maj. Gen. Al Mansouri said.<\/p>\n"}],"legacy_image":"","legacy_full_image":"","type_of_video":"Self Hosted","lovin_video_link":false,"lovin_video_link_webm":false,"video_thumbnail":false,"disable_lovin_hearts":false,"lovin_heart_title":"","show_sponsor":false,"sponsor_name_copy":"","sponsor_image":false,"sponsor_name":"","sponsor_content":"","sponsor_website":"","sponsor_facebook":"","sponsor_twitter":"","sponsor_instagram":"","enable_reveal_feature":false,"reveal_image":false,"episode_number":"","embed_code":"","episode_introduction":""},"image_feature":null,"author_name":"hello@lovindubai.com","_links":{"self":[{"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/posts\/60183"}],"collection":[{"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/users\/453"}],"replies":[{"embeddable":true,"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/comments?post=60183"}],"version-history":[{"count":0,"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/posts\/60183\/revisions"}],"wp:attachment":[{"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/media?parent=60183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/categories?post=60183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lovin.co\/dubai\/en\/wp-json\/wp\/v2\/tags?post=60183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}