UK businessman Sanjay Shah receives record financial crime sentence in Denmark

UK businessman Sanjay Shah receives longest-ever financial crime sentence in Denmark
UK businessman Sanjay Shah receives longest-ever financial crime sentence in Denmark

British businessman Sanjay Shah was sentenced to 12 years in prison on Thursday, December 12.

As per The Guardian, he was convicted of defrauding the Danish state and this is the longest sentence ever given for a financial crime in the country.

Glostrup court found Shah guilty of major fraud, stating that he played a “central and controlling role” in a large tax fraud scheme that involved claiming fraudulent dividend tax refunds, totalling more than 9 billion DKK (£996m).

The case began in August 2015 when Danish tax authorities discovered that billions had been unlawfully claimed from the treasury.

Along with the 12-year prison sentence, Shah will also be deported and prohibited from running a business.

He will have 7.2 billion DKK taken from him, which is the amount the prosecution proved he earned through the fraud.

So far, Danish police have already seized approximately 3 billion DKK.

Shah denied committing a crime, arguing that he was simply taking advantage of a loophole in Danish tax laws.

However, the court rejected his argument, stating that he was not entitled to the money he claimed.

The verdict stated that “the 54-year-old’s central and controlling role in the crime, which was carefully planned and systematically organised and further streamlined along the way by developing a software system, meant that the crime escalated dramatically”.

The 54-year-old quickly appealed the ruling. He will now remain in custody until the high court issues a decision on the appeal.

Read more : World
Texas flood disaster: Death toll reaches 24 as search for missing continues
Texas flood disaster: Death toll reaches 24 as search for missing continues
Over 20 people, including summer camp children, missing after flash flooding in Texas
Ancient Roman settlement unearthed after rare swords found in Cotswolds
Ancient Roman settlement unearthed after rare swords found in Cotswolds
Two ancient Roman cavalry swords made of iron were found near the village of Willersey about two years ago
Greece heatwave alert: Temperatures to soar above 42C as heat dome hits
Greece heatwave alert: Temperatures to soar above 42C as heat dome hits
Some parts of Greece including Thessaly, Attica and Athens are expected to experience extreme weather
UK Universal Studios to feature Europe’s tallest rides in biggest-ever theme park
UK Universal Studios to feature Europe’s tallest rides in biggest-ever theme park
this theme park is expected to be the biggest in Europe, covering 476 acres in Bedfordshire
Melania Trump's 'terrible' pet name revealed by Donald Trump in candid admission
Melania Trump's 'terrible' pet name revealed by Donald Trump in candid admission
Trump's statement comes after Melania teased his golf habit during a surprise visit to Children's National Hospital
Kent Council bans transgender books from children’s libraries in controversial move
Kent Council bans transgender books from children’s libraries in controversial move
The decision to remove the books was made after someone from the public expressed concern
Rome petrol station explosion injures 45 as massive fireball rocks city
Rome petrol station explosion injures 45 as massive fireball rocks city
The incident occurred in the Prenestino area when a tanker truck accidentally struck a gas pipe while turning
Walking safari turns deadly: Elephant kills two tourists in Zambia
Walking safari turns deadly: Elephant kills two tourists in Zambia
British and New Zealand women trampled to death by Elephant during a walking safari in Zambia
White House to host historic UFC fight in 2026, says Donald Trump
White House to host historic UFC fight in 2026, says Donald Trump
Trump wants to stage epic UFC fight on White House grounds for America's 250th birthday
Japan earthquakes: Residents evacuate after over 1,000 tremors
Japan earthquakes: Residents evacuate after over 1,000 tremors
Toshima islanders flee homes after more than 1,000 strong quake hits region
Ivanka Trump pens inspiring post on Fourth of July: ‘Growth, gratitude, grace!’
Ivanka Trump pens inspiring post on Fourth of July: ‘Growth, gratitude, grace!’
Ivanka Trump ‘reflects’ on ‘halfway point of 2025’ as she wishes for a purpose-driven second half
US Congress passes ‘big, beautiful bill’: Who gains and who pays?
US Congress passes ‘big, beautiful bill’: Who gains and who pays?
Donald Trump celebrates ‘phenomenal victory’ after Congress passes sweeping domestic policy bill