Sweden's news in English

Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Men prosecuted for 300 million SEB fraud

Share this article

10:41 CET+01:00
Three men are going on trial in Gothenburg on Friday for defrauding Swedish bank SEB of 300 million kronor.

The Swedish Economic Crimes Unit said that one of the men going on trial was an SEB employee, while the other two were customers. The employee is charged with gross breach of trust; the two customers are charged with fraud.

The customers are a businessman working in the telecoms industry and one of his employees.

The suspected frauds took place in 2001 and 2002. The men were arrested in 2003.

The employee was sacked by the bank when he came under suspicion for the fraud in 2003.

The suspects have made partial confessions to the crimes of which they are accused.

Get notified about breaking news on The Local

Share this article

From our sponsors

How to work 9-5 and travel the rest of the time

A full-time job shouldn't stop you from satisfying your wanderlust. The Local spoke to Travel After 5 blogger Alline Waldhelm to find out her tips and tricks for travellers who only have 25 days of annual leave.

Discussion forum