Hedge fund manager ‘paid off wife with tax fiddle’

A hedge fund trader wanted in Belgium for a £20m tax swindle could face up to 15 years in jail, a court heard. Guenther Klar, 51, was the main architect of the illicit scheme and used some of the cash in to pay off his ex-wife in their divorce settlement, Westminster Magistrates’ court heard. Silver-haired Klar allegedly used a company called Salgado Capital, based in the West African Comoros Islands, in the fraud. He was the sole owner of the…

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