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STABBING

Swedes to face Thai court over knife killing

Two Swedish men arrested in Phuket in Thailand in August 2011 for the killing of a 25-year-old man from the Gothenburg area are set to face court.

The two men, who were both aged 26-years-old at the time, face charges of conspiracy to murder and possession of a handgun without a permit, as well as a string of other lesser charges, according to the local Phuket News daily.

The two men have previously confessed to the killing of their compatriot, explaining that the attack was in revenge for a business relationship which had turned sour.

The men however deny murder, claiming that they did not intend to kill him, the newspaper reported.

The three men are reported to have been part of a call centre scam operating out of Pattaya.

The 25-year-old apparently fell out with the pair and reported the scam to Pattaya police and then moved to Phuket.

His former business partners tracked him to an apartment building in Koh Kaew and confronted him on the evening of August 1st 2011.

The victim is reported to have returned home at around 8pm and was attacked by the two men who tried to strangle him with a wire, according to local media reports.

The man was then stabbed in the neck and died soon after from his wounds.

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CRIMINAL

Bluff bid for Swedish firm sparks market turmoil

An erroneous press release published on Friday indicating that Swedish firm Fingerprint Cards had been acquired by Samsung led to a sharp rise in the firm's stock and a criminal investigation once the mistake had been discovered.

Bluff bid for Swedish firm sparks market turmoil

“An investigation has shown that the company followed its routines and was subjected to a deliberate fraud attempt,” business wire service Cision, the firm responsible for publishing the press release, said in a statement on Friday.

Fingerprint Cards, a Gothenburg-based biometric technology firm, issued a denial on its homepage on Friday that it had been acquired by the Korean electronics giant.

“The news in today’s media that Fingerprint Cards AB has been acquired by Samsung is incorrect… What has happened will be reported to the police and to the Swedish Financial Supervisory Authority,” the firm wrote.

The matter is now being handled by the Swedish Economic Crimes Authority (Ekobrottsmyndigheten) which has opened a preliminary investigation into aggravated fraud.

Trading in the company’s stock was halted as soon as the abnormal share fluctuations were detected on Friday morning and all trades completed between 10.17am and 10.34 have been nullified.

Fingerprint Cards’ stock has been one of the Stockholm exchange’s strongest performers since the turn of the year, having climbed over 320 percent since January 1st.

The latest Apple Iphone incorporates the firm’s fingerprint sensor.

All trades from 10.17am have also been nullified in sector colleague Precise Biometrics, which also climbed steeply on Friday.

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