Details Written by Justice Department
San Francisco, California - A Swedish man was sentenced Thursday to 15 years in prison for securities fraud, wire fraud and money laundering charges that defrauded thousands of victims of more than $16 million.
Roger Nils-Jonas Karlsson, 47, pleaded guilty on March 4. According to court documents, Karlsson ran an investment fraud scheme from 2011 until his arrest in Thailand in June 2019. Karlsson induced victims to purchase shares in the scheme called “Eastern Metal Securities” using cryptocurrency such as Bitcoin and other online payment platforms. Karlsson promised victims astronomical returns tied to the price of gold. Instead, the funds provided by victims were transferred to Karlsson’s personal bank accounts, and he then used proceeds to purchase expensive homes, a racehorse and a resort in Thailand. Karlsson’s fraud targeted financially insecure investors, causing severe financial hardship for many of them
One of the largest cryptocurrency Ponzi scheme sentencings ever prosecuted in the United States
SAN FRANCISCO (STL.News)
Roger Nils-Jonas Karlsson, citizen of Sweden, was sentenced today to 15 years in prison for securities fraud, wire fraud, and money laundering charges that defrauded thousands of victims. The court also ordered the defendant to forfeit several properties in Thailand, including a resort, and a forfeiture money judgment of more than $16 million. The sentence was handed down by the Hon. Charles R. Breyer, U.S. District Judge.
Karlsson, 47, pleaded guilty to the charges on March 4, 2021, without a written plea agreement. According to court documents, Karlsson ran an investment fraud scheme from 2011 until his arrest in Thailand in June 2019. Karlsson induced victims to use cryptocurrency such a Bitcoin and other online payment platforms to purchase shares in a scheme he called “Eastern Metal Securities.” Karlsson promised victims astronomical returns
Maine South High School musical will stream online to at-home audiences April 30-May 2 chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Home /Band reflecting on latest album, eyeing next project
The Bones of Jim Jones band includes Cam Espina, Braeden Sharp, Lane Brohm and Seamus Lynch. /DARREN LUM Staff
Band reflecting on latest album, eyeing next project
By Darren Lum
Like the rugged terrain of the Highlands, the album
The Mess We Made is a raw expression of local experimental punk band, The Bones of Jim Jones.
Drawing on a period of life fraught with difficulties that can come with growing up in a small town, there is a pain and honesty that reverberates powerfully throughout the 10-song album, heard in the lyrics, the pace and power behind each song.
The Big Takeover: The Bones Of Jim Jones: A Rural Journey bigtakeover.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bigtakeover.com Daily Mail and Mail on Sunday newspapers.