The investment bank has been named in criminal investigations over its alleged involvement in a number of the infamous German "cum-ex" tax scam transactions. The scheme is reported to be the largest tax fraud in history.
The investment bank has been named in criminal investigations for its alleged involvement in a number of the infamous German “CumEx” tax scam transactions. Of particular interest to prosecutors in Germany is the case of US pension funds that relied on Investec to make allegedly fraudulent t.