Hedge Fund Worker Loses Bid to Stop Extradition Over Brexit (2)

Jan. 20, 2021, 6:39 PM

A London hedge fund employee sought in Germany’s Cum-Ex probe lost his bid to use Brexit to fight extradition.

The man was among five people wanted in European countries whose application was dismissed Wednesday by a British court. They had argued that because the U.K. hasn’t been a part of the European Arrest Warrant program since the Brexit transition period ended Jan. 1, the court no longer had the power to rule on those extradition requests.

The group includes an operations manager from London’s Duet Group as well as a convicted sex offender who’s wanted in Lithuania for robbery. The ...

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