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Cum-Ex scandal in Europe: Investors looted at least 55 Billion Euro from public hand
| Wow, it seems like everything works perfect for the rich ones:
The stupid masses fight about identity politics and immigration while the things that really matter remain untouched.
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| According to the recently published results of a research by 19 critical media institutes, the amount of so called "cum-ex" deals in Europe is much bigger then expected. This practise, also known as "dividend stripping" enables investors to gain back more tax money than it was charged on their dividend by buying and selling their shares to each other and back. It was known since 1992 and multiple eurpean countries e.g. Germany, Italy, France, Spain were cheated for 55bn€ (≈63bn$)