When the trial ended in May, chamber prosecutor Jonas Myrdal demanded Johan Carlström’s four years in prison.
– It is a question of systematic crimes for private gain, said Jonas Myrdal in his closing speech in Stockholm District Court, according to Today’s Law.
But the prosecutor also pointed out that Carlström could receive a shorter sentence, given that the legal process has been so protracted.
The stock exchange trading in Fingerprint paper, which the indictment is about, was done during the years 2012–2014. The prosecutor claims that the transactions were based on internal information, which was not known to the public.
Johan Carlström was at that time CEO of Fingerprint Cards, a biometrics company that was a rocket on the stock market.
The indictment came in 2015. The trial was then postponed several times, before it could be held this spring.
In addition to the request for imprisonment, the prosecutor has demanded a business ban for Carlström, and that four million kronor be confiscated from him because he received them through crime.
Johan Carlström claims that he is innocent, and even made a loss on the designated deals. The fingerprint owner wants just over seven million kronor in compensation for private legal costs. However, he can only get it if he is completely or partially acquitted by the district court, he writes Today’s industry.