Four years in prison for escaped real estate entrepreneur Roger Lips

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The real estate company of Lips collapsed in 2013, with 320 million euros in debts. His wife received an 18-month prison sentence.

Omroep Brabant

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Real estate tycoon Roger Lips from Uden, who fled to Dubai, was sentenced to four years in prison by the court in Zwolle on Friday. The court found large-scale bankruptcy fraud proven. Lips is found guilty of at least 11 million euros in fraud. The 60-year-old businessman was personally declared bankrupt in 2013. As a result, more than 150 companies linked to him fell. A debt of 320 million euros remained. Lips was briefly held hostage in bankr…

fd.nl

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Project developer Roger Lips was sentenced to four years in prison on Friday for fraud related to his bankruptcy eleven years ago.