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Champagne Clubs, Insider Trading and Now Alleged Tax Evasion

Summary by Vísir

Kristján Georg Jósteinsson, who was sentenced to three and a half years in prison in 2019 for insider trading at Icelandair, has been charged with major tax violations. He is accused of failing to report withdrawals from private limited companies, which he used, among other things, to commit insider trading and operate the champagne clubs VIP Club and Shooters in Austurstræti.

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Champagne Clubs, Insider Trading and Now Alleged Tax Evasion

Kristján Georg Jósteinsson, who was sentenced to three and a half years in prison in 2019 for insider trading at Icelandair, has been charged with major tax violations. He is accused of failing to report withdrawals from private limited companies, which he used, among other things, to commit insider trading and operate the champagne clubs VIP Club and Shooters in Austurstræti.

11 days ago

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Vísir broke the news in 11 days ago on Thursday, October 23, 2025.

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