The Break with the Cum-Ex Master (Part 3)

Bonn Together they earned millions, separately they are now in court. Benjamin Frey didn’t look at Hanno Berger when he took the witness stand in Bonn Regional Court in early September. Berger kept staring at him. When Frey started to speak, Berger kept shaking his head. Sometimes intervened in his dock.

The relationship between Berger and Frey is the biggest drama in the German legal scene. For years both were considered genius. Her ability to reach into the German tax coffers with complicated transactions made her very popular with customers. Then came the tax investigation. Berger fled and conspired to fight the prosecutor and the court. Frey became a key witness.

In the Handelsblatt Crime podcast, our investigative editors describe the details of a disaster. Frey was in the shower when the police rang for the first time. Berger’s grandson almost collapsed under the pressure of the investigation into his grandfather.

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Handelsblatt Crime shows the consequences of the biggest tax fraud in German history. Destroyed careers, dead dreams. At the same time, our reporters report on customers who earned absurdly high returns with the transactions of Berger and Frey and then did not want to know anything about their origin. And by some fellow lawyers who simply changed employers and now act as if nothing had happened.

*Name changed

Handelsblatt Crime appears every 14 days and can be heard wherever there are podcasts.

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More: You can hear the last episode of Handelsblatt Crime here

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