Three others – the man’s wife, his cousin and his cousin’s wife – are to be charged with receiving stolen goods.
The man is suspected of carrying out the fraud over a two year period from May 2005 to May 2007 while working with the agency in Gothenburg. Some of the money was allegedly acquired using the identities of people who had died.
The scandal was uncovered in May after Swedbank contacted the agency with details of suspicious cash transactions. The four suspects were arrested in their homes the next day.
Police estimate that 33-34 million kronor of the stolen money has already been spent. For example, the 28-year-old and his wife recently bought a new house and a number of cars.