Mathias Fredriksson is forced to fine after market manipulation
Published 2023-12-17 18.44
Mathias Fredriksson, 50, sold shares for almost SEK 1.4 million on the stock exchange.
Now the former cross-country skier has been guilty of market manipulation.
The Ecocrime Authority punishes him with a fine of SEK 90,000.
It was at the beginning of December that the Ecocrime Authority issued a penalty order against the former cross-country skier, who among other things took nine World Cup victories during his career.
The reason is that on two occasions earlier this year he traded in the listed company Beyond Frames Entertainment, where he himself is a major shareholder.
full screen Photo: Bardell Andreas
Sold to his relatives
According to the documents from the Ecocrime Authority, the 50-year-old has sold shares over the stock exchange for SEK 1,370,000, which has “given false or misleading signals regarding the demand for the share”.
On one occasion, the shares were sold to his relatives.
In total, Mathias Fredriksson is fined SEK 90,000 and a fee of SEK 800 to the Crime Victims’ Fund.
Fredriksson has been an expert for SVT in the Winter Studio for several years. This year he is not in the channel’s lineup.
full screen Photo: Maja Suslin / TT
Sportbladet has contacted Mathias Fredriksson for a comment.
2023-12-18 23:57:54
#exstar #convicted #ecocrime
