Two directors remanded in custody in major fraud case
Two men have been arrested and remanded in custody in a case involving economic crime at a residential facility operator.
Two directors remanded in custody in major fraud case
Two men heading a private company operating residential facilities on Zealand have been remanded in custody following accusations of economic crime. Copenhagen District Court decided overnight on Friday to detain them, after both had pleaded not guilty.
Police believe the two men caused 89 million kroner to disappear from the company. The money was allegedly used to pay invoices with no connection whatsoever to the operation of the residential facilities. In addition, the men are suspected of falsifying tax information and VAT payments.
The alleged irregularities are said to have mainly taken place in the period from 2023 to 2025. According to DR's information, it concerns a private group with several residential facilities on Zealand.
During the lengthy bail hearing at Vestre Prison, it emerged that one of the arrested men also had a loaded pistol in his possession. Both men are subject to a reporting restriction.
The operation leading to the arrests was carried out Thursday morning when officers searched 14 addresses. In total, eight people were arrested. During the searches, police seized two properties, luxury goods and cash.
According to Deputy Police Inspector Peter Reisz, this is a comprehensive case in which public funds have ended up in private pockets and been used for personal consumption.
Source: DR
Source: DR Nyheder