Swedish Businessman Faces Reduced Sentence After Guilty Plea in California

» Published: July 12 2025

Swedish Businessman Faces Reduced Sentence After Guilty Plea in California
Photo: Mark Lennihan/AP/TT

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A Swedish businessman is on trial in California for 150 cases of money laundering, fraud and financial transactions from criminal activities. Now he has promised in writing to the prosecution authority in California to admit the crimes, writes Aftonbladet.

His sentence is therefore expected to be significantly shortened. He himself has stated that he risks 2050 years in prison, but with the agreement, the prison sentence can be less than three years, according to a statement from the American prosecution authority to Aftonbladet.

He must also waive his permanent residence permit in the USA, as well as promise that he will not oppose an extradition to France, where he was previously suspected of art smuggling.

The man has also had connections to the Colombian drug lord Pablo Escobar.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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