The Danish Prosecution Service issued a release on 12 December 2024 announcing that British citizen Sanjay Shah has been sentenced by the Court of Glostrup to 12 years in prison for his participation in the so-called "cum-ex" trading schemes that involved unlawfully claimed and obtained refunds of Danish dividend withholding tax. According to the release, Shah's involvement in the schemes resulted in wrongfully paid refunds amounting to over DKK 9 billion in the period 2012 to 2015. In addition to the prison sentence, the court ordered the confiscation of assets totaling approximately DKK 7.2 billion. Shah has appealed the verdict.