The founder of the company and another person must, for their own gain, have done business which in turn blew the pension savers on their money, almost SEK 500 million. The transactions were made in 2015 and 2016.
Both were previously sentenced in the district court to nine months’ imprisonment for aggravated infidelity against the principal, and aggravated money laundering offenses to five years and six months in prison. Now the Court of Appeal sharpens the punishment for the founder for gross fraud. Together with previous crimes, he receives a maximum sentence of eight years in prison. The other person has the sentence increased to 6 years.