The Western High Court in Viborg, Denmark, has jailed Bent Nielsen – founder of tyre recycling company Genan – for six years after finding him guilty of fraud and mandate fraud of a particularly serious nature.
Bent Nielsen, Genan Founder, Jailed for Six Years for Fraud
Alongside Bent Nielsen, Bjarne Nielsen – an accountant with Deloitte who had been working for Bent Nielsen and Genan – was sentenced to three years in prison for contributing to fraud.
Genan had raised considerable capital from pension funds, and was ultimately acquired by one of the funds, PKA. PKA have since...
Bent Nielsen, Genan Founder, Jailed for Six Years for Fraud
Alongside Bent Nielsen, Bjarne Nielsen – an accountant with Deloitte who had been working for Bent Nielsen and Genan – was sentenced to three years in prison for contributing to fraud.
Genan had raised considerable capital from pension funds, and was ultimately acquired by one of the funds, PKA. PKA have since...
