Both Lips and his wife did not appear in court. The judgment states that they have not taken responsibility and the court takes this very seriously. Lips and his wife have now been convicted of large-scale bankruptcy fraud, but are acquitted of money laundering. Lips’ wife, Astrid van S., gets eighteen months in prison. Lips himself has to go to prison for 4 years.
The Wall entrepreneur in prison for 4 years for bankruptcy fraud
