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Man sentenced for 32 million kronor fraud, both sides appeal

Crime & justiceCrime
Key Points
  • A 37-year-old man was sentenced to nearly eight years in prison for defrauding 43 people of 32 million kronor.
  • Both the defense and prosecution have appealed the district court's verdict to the Court of Appeal.
  • The fraud involved fictitious investments, though the exact details of the scheme have not been made public.

According to the verdict from Södertälje District Court, the man and an accomplice defrauded 43 people of 32 million kronor through fictitious investments. The 37-year-old was sentenced earlier this year to seven years and ten months in prison. Tuesday was the last day to appeal the verdict to the Court of Appeal, which both parties chose to do.

The defense is not satisfied with the district court's verdict. " The specific grounds for the appeals have not been disclosed. The identity of the accomplice involved in the case remains unknown.

We are not satisfied with the district court's verdict.

Thomas Martinsson, Defense attorney

The case will now proceed to the Court of Appeal for further review.

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Man sentenced for 32 million kronor fraud, both sides appeal | Reed News