Law360 (July 8, 2021, 9:33 PM EDT) — A Swedish hotelier on Thursday was sentenced to fifteen years behind bars for utilizing the proceeds of a $16 million funding rip-off to purchase a resort in Thailand and for laundering cash by way of numerous platforms, together with fashionable cryptocurrency alternate Coinbase, in response to the U.S. Division of Justice.
Swedish citizen Roger Nils-Jonas Karlsson, 47, was sentenced to fifteen years in federal jail in California after he pled responsible in March to securities fraud, wire fraud and cash laundering that swindled over 3,500 folks. Karlsson should additionally forfeit a number of properties in Thailand, together with a resort, and quit greater than $16 million, the…
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