Kai-Uwe Steck, a central figure in a major tax fraud scheme in Germany, has been convicted and received a suspended sentence of 1 year and 10 months. He must repay €24 million, having already returned €11 million. Steck's cooperation with authorities helped him avoid a harsher penalty. The scandal, known as 'Cum-Ex', resulted in over €428 million in losses for the German tax authorities and implicated several politicians, including former Chancellor Olaf Scholz, who faced accusations but was not charged due to lack of evidence. Teljes cikk (Euronews.com)