On Friday, a Vaudois businessman was sentenced to six and a half years’ imprisonment by the Lausanne criminal court.
A.D
the essentials in a nutshell
- A Vaud businessman has been sentenced to prison for fraud.
- He is said to have received corona loans, although his company has not been directly affected.
A businessman was convicted on Friday by the Lausanne Criminal Court of multiple frauds, including fraudulently obtaining Covid loans. He has to go to prison for six and a half years.
The entrepreneur had received around three million francs in spring 2020. This is despite the fact that his companies have not been directly affected by the pandemic.
He had inflated his sales figures to get a lot of money, which was mostly intended to pay off debts.
The court also convicted the 40-year-old of defrauding dozens of people via a Turkish financial platform. On this he had promised investors high returns.
The judges found the man guilty of other crimes: defrauding a precious metals website, embezzling assets in a bankruptcy case, providing false documents and defrauding Social Security. He has already served 20 months in prison.
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