According to the Public Prosecution Service, Lips knew as early as 2010 that his company was about to collapse, after which he started shifting money. The public prosecutor spoke of a “fog curtain, because the trail was so difficult for the curators to follow”. Eighteen months’ imprisonment has also been demanded against his 57-year-old wife, who, according to the Public Prosecution Service, knew about the fraud and helped.
Man behind The Wall hears demand for 4 years in prison for bankruptcy fraud
