Danish court sentences British hedge fund trader to 12 years in prison

COPENHAGEN, Denmark: A Danish court has sentenced British hedge fund trader Sanjay Shah to 12 years in prison for orchestrating a tax fraud scheme that authorities say cost Denmark 9 billion kroner (US$1.3 billion).

Danish justice officials confirmed the sentencing, which marks one of the longest sentences ever handed down for financial crimes in Denmark.

Shah, extradited from Dubai last year after an ei