International Man Of Mystery Florian Homm Now Also Convicted Hedge Fund Fraduster Florian Homm
Sayeth the Swiss.
Sayeth the Swiss.
As it happens, the Swiss authorities think something’s fishy with all of the above, as well. And they also think some of Homm’s global web of alleged fraud links to their country. And unlike the Americans, the Swiss are not constrained by constitutional niceties vis-à-vis trials in absentia. So they don’t just think that something untoward was afoot in all of the above: Legally speaking, they know.
German financier Florian Homm was convicted by a Swiss court on Friday of breach of trust and multiple forgery of documents in a fraud case that had led to millions of dollars in losses for investors.
CO2 sanctions fraud causes Confederation CHF 9 million loss Office of the Attorney General of Switzerland Bern, 26.04.2021 - The Office of the Attorney General of Switzerland (OAG) has filed an indictment in the Federal Criminal Court against a former employee of the Federal Roads Office FEDRO and two board members of a vehicle import company. According to the indictment, the two board members paid the FEDRO employee to change the data used to calculate CO2 sanctions so that their company was not required to pay any sanctions for more than three years. As a result, the Confederation has incurred a loss of around CHF 9 million.
Swiss court convicts German financier Homm in long-running fraud case reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
(Adds comment from lawyer)
ZURICH, April 23 (Reuters) - German financier Florian Homm was convicted by a Swiss court on Friday of breach of trust and multiple forgery of documents in a fraud case that had led to millions of dollars in losses for investors.
The 61-year-old former hedge fund manager was convicted in absentia and sentenced to 36 months in jail, of which half was suspended, the court said.
Authorities had accused Homm of orchestrating a market manipulation scheme to artificially improve the performance of his funds, a fraud that led to at least $170 million in losses for investors.
Un ex-chef de la police schwytzoise condamné à 28 mois de prison rts.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rts.ch Daily Mail and Mail on Sunday newspapers.