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Swede who ran multi-million dollar Bitcoin scam arrested on Koh Chang


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Posted

Swede who ran multi-million dollar Bitcoin scam arrested on Koh Chang

 

swede.jpeg

Image: Manager

 

Police in Thailand have arrested a Swedish man wanted in connection with a multi-million dollar fraud.

 

Roger Nils-Jonas Karlsson, 45, was arrested on June 18 at an address on Koh Chang, where he has lived with his Thai wife for eight years.

 

Police officers seized a number of electronic devices that are believed to have been used for fraudulent activities.

 

Thai police were acting on information from the authorities in the United States via Interpol, who say Karlsson defrauded more than 3,500 victims of more than $11 million.

 

Manager reported that Karlsson told officers he set up a legitimate cryptocurrency investment website but was forced to close the site when his business started to experience huge losses.

 

 

 

 

However, according to documents released by the US Department of Justice Karlsson used websites to communicate false representations to victims in a scheme to defraud potential investors.  

 

One website, www.easternmetalsecurities.com, allegedly was registered to a fictitious person and advertised shares in a product called a “Pre Funded Reversed Pension Plan” (PFRPP).  

 

Karlsson allegedly used the website to invite potential investors to purchase shares of the plan for $98 per share in exchange for an eventual payout of 1.15 kilograms of gold per share, even though as of January 2, 2019, 1.15 kilograms of gold was worth more than $45,000.  

 

Karlsson also allegedly advised investors that, in the unlikely event that the gold payout did not happen, he guaranteed to them 97% of the amount they invested. According to the complaint, the government found no evidence of any accounts held by Karlsson that would allow him to pay off the investors.  

 

Instead, the complaint alleges, the funds provided by victims were transferred to Karlsson’s personal bank accounts and now appear to be tied up in real estate in Thailand.

 

Karlsson also directed his victims to make investments using virtual currencies, such as Bitcoin.  He allegedly defrauded no less than 3,575 victims of more than $11 million.

 

Karlsson will now be extradited back to the USA where he faces up to 40 years in jail and fines in excess of $750,000.

 

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 -- © Copyright Thai Visa News 2019-06-20



 

  • Like 1
Posted
The Swede "will now be extradited BACK to USA"...? 

Where he'll enjoy himself there. Be a real popular guy. Time to himself, the self catering, open shower rooms and friendly company at the break a rock foundation. Mmm, mmm Swede on the menu tonight. My, my what great times lie ahead for you, sweet cheeks.
  • Like 1
Posted
2 hours ago, from the home of CC said:

he'll only be 75 when released, plenty of time to come back on a retirement visa...

 

If he can afford the 800K a year at that point (plus whatever 40 years of periodic adjustments ends up being).  Though that's assuming he gets/does the full 40 years, which is probably unlikely.

  • Like 2
Posted
4 hours ago, Jonathan Fairfield said:

Karlsson will now be extradited back to the USA where he faces up to 40 years in jail and fines in excess of $750,000.

Let´s just say; The future for Mr. Karlsson does not look so bright.

Posted (edited)

Ouch!...almost feel sorry for the cheat...who will have to play girlie-girlie with some hard core- steroid pumped- bald - tatooed - bodybuilt gang leader,  serving life in a US Federal Facility.... and assuming that those life serving criminals in US jails, may have an aversion in the use of a condom....ouch!...ouch!...best of luck fella !!!

Edited by observer90210
  • Haha 1
Posted

Swede=Koh Chang = Criminal . And this is news ? What else is new ? Check Pattaya, Chiang Mai, Phuket,Koh Samui, Pattaya or any other tourist slum. There are thousands more like this guy in Thailand.

  • Like 2

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