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AML, Crypto, North America

Swedish man to serve 15 years in prison for orchestrating multi-million dollar crypto laundering scheme

By Dan Byrne for AMLi

A Swedish citizen has been sentenced to fifteen years behind bars for orchestrating a money laundering, securities fraud and wire fraud scheme.

Roger Nils-Jonas Karlsson (47) pleaded guilty in early March to using his company Eastern Metal Securities (EMS) to run the scheme, which ultimately robbed over 3,500 people of more than $16M in total.

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