Arrest warrant issued over alleged role in cum-ex trades that defrauded the state of million of euros
Interpol has added New Zealand citizen Paul Mora to its list of most wanted criminals, after German authorities issued an international arrest warrant over the former London banker’s alleged involvement in a multimillion euro tax fraud scheme.
Mora, 53, is one of six people charged in 2017 by Frankfurt prosecutors over the “cum-ex” scandal, a complex derivatives juggling act that siphoned taxpayer’s money from German state coffers, causing estimated damages of more than €113m.
