US EditionEx-Dewey Whistleblower Steck Avoids Prison with Suspended Sentence in ...
- Kai-Uwe Steck, a 53-year-old former tax lawyer, received a suspended sentence for his role in the Cum-Ex tax fraud at Bonn Regional Court in 2025.
- Steck's conviction followed investigations into the Cum-Ex scandal, a major tax fraud scheme from 2007 to 2011 involving complex share transactions that enabled illegitimate dividend tax refunds.
- Steck, a central figure who worked with mastermind Hanno Berger, cooperated with authorities and was ordered to repay 24 million euros, of which 11 million has already been returned.
- German authorities recovered approximately 3.4 billion euros through multiple convictions, while tens of billions remain missing amid ongoing investigations into the largest tax fraud case in German history.
- Steck avoided a harsher penalty due to his whistleblower role and cooperation, receiving one year and ten months suspended instead of the prosecution's demanded three years and eight months.
18 Articles
18 Articles
Kai-Uwe Steck was one of the central figures of the billion-dollar Cum Ex tax fraud. Because he testified against accomplices, he does not have to go to prison. However, he has not repaid much of his loot to this day.
The Bonn Regional Court sentenced one of the key actors in the Cum Ex tax fraud. Steck, a leniency witness, was sentenced to one year and ten months imprisonment, which was suspended for parole.
Kai-Uwe Steck is said to have caused a tax damage of half a billion euros. In the trial he showed himself purified. He does not have to go to prison.
As a witness, Kai-Uwe Steck has made a significant contribution to the investigation of the Cum Ex scandal. Now, the Landgericht Bonn has imposed a sentence of one year and ten months on him, suspended for parole.
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