According to the indictment, the two former bosses have tried to get the Dutch payment company Global Collect (GC) to pay out 4.8 million euros (around 42.6 million dollars by today) to disgruntled ticket buyers by posting 7392 refunds, writes Dagens Næringsliv.
• Dagbladet numerous articles revealed Euroteams business
– Euroteam had sold tickets to various events, including the Olympics in London, when they found out that they failed to deliver the tickets. The defendants attempted to Global Collect to refund the money without Euroteam had funds available to meet its commitments, said police lawyer Christian Stenberg at Oslo police.
Attempting gross fraud carries a maximum sentence of six years in prison . In addition, the two accused for violation of accounting law.
According to the indictment, it was not taken statements from the start of 2011 to bankruptcy in September 2012.
Both defendants deny culpability, highlighting their defenders said.
(NTB)
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