Suspected theft of nearly 35
Photo: J David Ake/AP/TT

Suspected theft of nearly 35 million kronor from the Church of Sweden in New York

A Swedish man has been indicted in a U.S. court on suspicion of stealing nearly 35 million kronor from the Church of Sweden in New York.

Advertisement

The suspected thefts, totaling more than $3.8 million, took place over a six-year period, according to prosecutors, The New York Times reports.

The man, a licensed stockbroker and financial advisor to the church, has also worked as a baker in the church's café and served on its board. The indictment says he used his position to open accounts in the church's name, which he then controlled. Investigators say he used the money for, among other things, food, bills and failed business projects. He denies the charges.

The church in question states that it has stable finances and that all operations are continuing as planned.

"I can't say much because there is a legal process underway that must be allowed to run its course. But we take the events very seriously and want to get to the bottom of what happened. We continue to cooperate with the authorities," Vicar Fredrik Ollila wrote in a press release.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Sweden

All