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Acknowledges fraud for over DKK 900 million

Summary by Ekstra Bladet
The businessman Christian Machholdt Østergaard has admitted fraud for more than DKK 900 million at the Court in Lyngby
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Investors suffered a loss of 390 million kroner in a crazy setup involving fabricated bets on sports.

·Copenhagen, Denmark
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The 53-year-old businessman Christian Hansen - formerly Christian Machholdt Østergaard - was sentenced on Monday to five and a half years in prison in a case of fraud for more than 900 million kroner, where victims suffered losses of 390 million kroner.

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The businessman Christian Machholdt Østergaard has admitted fraud for more than DKK 900 million at the Court in Lyngby

·Denmark
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Ekstra Bladet broke the news in Denmark on Monday, December 2, 2024.
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