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Torgeir Stensrud
Finance Credit was a Norwegian company that went bankrupt in 2002, after facing criminal investigation for siphoning funds (in total 1,4 billion Norwegian krone, NOK) it borrowed from six Norwegian banks to offshore tax havens, in what became known as the Finance Credit scandal, arguably the biggest economic fraud in Norwegian history. The company was founded by #Torgeir Stensrud, Torgeir Stensrud and #Trond Kristoffersen, Trond Kristoffersen, who were in 2005 convicted on charges of fraud to 7 and 9 years in prison, respectively. Stensrud and Kristoffersen were also both fined about 100 million €. Trond Kristoffersen ''Trond Kristoffersen'' (13 August 1956 – August 2013) was co-founder of the Finance Credit. He was born in Hammerfest. In 2003, he was convicted of fraud and sentenced to 9 years in prison. He was also fined 1,2 billion Norwegian krone, NOK (ca. €100 million), and subsequently went personally bankrupt. He was also barred from engaging in any independent form of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwegian Krone
The krone (, abbreviation: kr (also NKr for distinction); code: NOK), plural ''kroner'', is currency of the Kingdom of Norway (including Svalbard). Traditionally known as the Norwegian crown in English. It is nominally subdivided into 100 ''øre'', although the last coins denominated in øre were withdrawn in 2012. The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn. Norwegians spent 14.1 billion NOK on border shopping in 2015 compared to 10.5 billion NOK spent in 2010. Border shopping is a fairly common practice amongst Norwegians, though it is seldom done on impulse. Money is spent mainly on food articles, alcohol, and tobacco, in that order, usually in bulk or large quantities. This is due to considerably ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
