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Two Americans Condemned for Swindling the Belgian State of 22 Million Euros: Here Is Their Scheme Called "Cum-Ex"

Summary by La Libre
The Brussels Court of Appeal sentenced two American businessmen for swindling the Belgian state of 22.8 million euros, writes Friday L'Echo, on the basis of the judgment consulted by De Tijd and Dutch media Follow The Money. ...

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La LibreLa Libre
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Two Americans Condemned for Swindling the Belgian State of 22 Million Euros: Here Is Their Scheme Called "Cum-Ex"

The Brussels Court of Appeal sentenced two American businessmen for swindling the Belgian state of 22.8 million euros, writes Friday L'Echo, on the basis of the judgment consulted by De Tijd and Dutch media Follow The Money. ...

·Brussels, Belgium
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De TijdDe Tijd

Americans Defraud the Belgian Treasury of Millions

Two Americans have been sentenced to pay 13.3 million euros in damages for defrauding the Belgian Treasury of a colossal sum. They had money paid out to them even though they were not entitled to it at all.

·Belgium
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La Libre broke the news in Brussels, Belgium on Friday, May 8, 2026.
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