Entrepreneur defrauded the elderly – sentenced for million-kronor fraud

An entrepreneur in Karlstad was prosecuted for tax offenses and fraud against the elderly. Now he is convicted on 31 counts to 4.5 years in prison, reports NWT.

» Published: November 26 2024

Entrepreneur defrauded the elderly – sentenced for million-kronor fraud
Photo: Noella Johansson/TT

The man, who is in his 40s, has, according to the newspaper, had businesses in the healthcare, restaurant, and beauty industries. Among them, several assistance companies that had their permits revoked after suspicions of having defrauded the state of millions.

He is now being convicted of two cases of accounting fraud, seven cases of tax fraud, and 22 aggravated frauds. According to SVT Värmland, he withdrew a total of 27 million kronor in other people's names.

Among the plaintiffs are, according to NWT, parents of children in the man's assistance business and elderly people in the man's vicinity who had given him power of attorney to manage their finances.

The fact that the man abused the "special trust" he had received from these individuals, several of whom had limited language skills and limited knowledge of Swedish society, is, according to Värmland District Court, to be considered an aggravating circumstance.

The authorities caught up with him, among other things, after his parents, for whom he was acting as guardian, both seriously ill and with significant language difficulties, reported salaries from full-time employment.

The man was arrested, according to NWT, at Arlanda in April while attempting to leave Sweden for the USA.

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By TTThis article has been altered and translated by Sweden Herald

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