“The biggest tax heist in European history.”
The cum-ex scandal has caused 146 billion euros in losses in several countries. Inspired by true events, two women from Germany and Denmark are trying to put an end to it.
- Created by
- Dustin Loose

“The biggest tax heist in European history.”
The cum-ex scandal has caused 146 billion euros in losses in several countries. Inspired by true events, two women from Germany and Denmark are trying to put an end to it.
1 season · 8 episodes

S1 E1Episode 1
Apr 13, 202544 min
In Frankfurt, tax lawyer Dr. Bernd Hausner and the young Sven Lebert set up a fund based on the double refund of capital gains tax: so-called Cum-Ex transactions.
S1 E2Episode 2
Apr 13, 202544 min
In Germany and Denmark, legislation is being drafted in parallel to prevent cum-ex transactions. However, in both countries, the banking lobby is succeeding in influencing the legislation.
S1 E3Episode 3
Apr 13, 202545 min
Hausner and Lebert realize that their business partner, Fred Allen, has been cheating on them for years; they can't report him. For the first time, Lebert considers a future without his mentor.
S1 E4Episode 4
Apr 13, 202545 min
Young tax official Anna Nowak refuses to reimburse Hausner and Lebert's funds worth millions. She informs public prosecutor Lena Birkwald, who takes over the case.
S1 E5Episode 5
Apr 14, 202545 min
Public Prosecutor Birkwald and her team are slowly becoming aware of the extent of the cum-ex transactions. She is pursuing a plan to conduct simultaneous searches in 16 countries.
S1 E6Episode 6
Apr 14, 202545 min
The worldwide searches were a complete success for Public Prosecutor Birkwald – much to the displeasure of Hausner and Lebert. Lebert also learned that he had been let down by her.