New indictment in Swedish investigation into large money-laundering operation
Sweden’s Economic Crime Authority announced a new indictment for aggravated commercial money laundering on 28 October. Prosecutors link the Södertörn court case to an earlier network that turned over nearly half a billion Swedish kronor in three years.
The defendant allegedly handled more than two million Swedish kronor through false invoices and several companies’ bank accounts. According to the indictment, he accepted orders, issued false invoices and passed on the money received. Prosecutor Eugen Alm describes the alleged conduct as systematic. The man allegedly worked for a large money-laundering operation in Sweden.
The authority links the case to a larger construction-sector investigation. People in Sweden and Latvia were previously convicted of aggravated commercial money laundering and serious bookkeeping offences in that investigation. The new inquiry began after a tax agency report. The defendant was arrested on 1 September and has been on remand since 4 September. The case number is B15000-26.
