Gaming company CEO cleared of stealing former employer s client database
A man cleared of stealing data from his former employer to use in his own company with the court flagging numerous shortcomings in the presentation of evidence
18 December 2020, 4:41pm
by Matthew Agius
A gaming company CEO has been cleared of computer misuse and stealing data from his former employer to use in his own company.
In 2017, Fredrik Gereon Ljungcrantz had been charged with unauthorized copying and making use of data, which was property of his employer, Evoke Gaming Ltd. He was also accused of promoting, selling or abetting remote gaming from Malta without the requisite licence.
The CEO of an online gaming company has been cleared of unlawfully accessing and downloading data from his former employer’s database.
Fredrik Gereon Ljungcrantz had left Evoke Gaming Ltd in 2016, after three years as sole call centre manager, to take up a job at Stay Gaming Group NV, working at Staybet.com, owned by his best friend.
Together, the two were in the process of setting up a new business, Magic Holding Ltd.
Following Ljungcrantz’s departure, Evoke registered a sharp decline in sales deposit and gaming revenue, with an auditor subsequently testifying that net gaming revenue had dropped from €12.9 million in 2015 to €9.9 million the following year.