loy ed ▁in ▁ 2 0 0 8 ▁– ▁set ▁up ▁his ▁own ▁invest ment ▁management , ▁bro ker age ▁and ▁principal ▁trad ing ▁business ". ▁He ▁founded ▁the ▁h edge ▁fund ▁firm ▁Solo ▁Capital ▁in ▁London , ▁which ▁em pl oly ed ▁" more ▁than ▁ 1 0 0 ▁financial ▁exper ts ▁across ▁offices ▁in ▁London ▁and ▁Dub ai ". ▁ ▁Shah ▁was ▁investig ated ▁in ▁regards ▁to ▁tax ▁fra ud ▁and ▁Solo ▁Capital ▁closed ▁in ▁ 2 0 1 6 , ▁ ▁amid ▁the ▁investigation ▁by ▁Dan ish ▁authorities , ▁while ▁his ▁London ▁home ▁and ▁offices ▁were ▁ra ided ▁by ▁the ▁British ▁National ▁Crime ▁Agency , ▁and ▁Var eng old ▁Bank ▁( co - owned ▁by ▁Shah ) ▁was ▁ra ided ▁by ▁German ▁authorities . ▁ ▁Tax ▁fra ud ▁alleg ations ▁Since ▁ 2 0 1 5 , ▁Shah ▁has ▁been ▁the ▁prime ▁suspect ▁in ▁a ▁case ▁regarding ▁the ▁Dan ish ▁Government ▁being ▁alleg edly ▁def ra ud ed ▁of ▁ 1 2 . 7 ▁billion ▁D K K ▁( 1 . 6 5 ▁billion ▁eu ros ) ▁which ▁was ▁exposed ▁in ▁the ▁C um Ex - Files . ▁Shah ▁was ▁investig ated ▁in ▁regards ▁to ▁the ▁case ▁in ▁ 2 0 1 5 . ▁The ▁alleg ed ▁tax ▁fra ud ▁took ▁place ▁between ▁ 2 0 1 2 ▁and ▁ 2 0 1 5 ▁and ▁is ▁the ▁largest ▁in ▁the ▁history ▁of ▁Den mark . ▁Shah ▁is ▁also ▁the ▁prime ▁suspect ▁in ▁similar ▁alleg ed ▁tax ▁fra ud ▁cases ▁involving