Olof Adolf Sjöström (; February 4, 1841 – 1896) operated a

remittance A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes wit ...

company that defrauded customers in 1894.

Biography

He was born on February 4, 1841, in Ljustorp, Sweden. He moved to America around 1880, and he started a money transfer agency in Brooklyn that transferred money back to Sweden. The rest of the Sjöström family then came to America. Olaf's wife died around 1886. His son,

Victor David Sjöström The name Victor or Viktor may refer to: * Victor (name), including a list of people with the given name, mononym, or surname Arts and entertainment Film * ''Victor'' (1951 film), a French drama film * ''Victor'' (1993 film), a French shor ...

was sent back to Sweden to the town of Uppsala. Olaf married Maria Olson in 1886, she had been the nanny. In 1894 Olaf's agency owed $30,000 and he fled the country but promised to pay back his debts within three years.

New York Supreme Court The Supreme Court of the State of New York is the trial-level court of general jurisdiction in the New York State Unified Court System. (Its Appellate Division is also the highest intermediate appellate court.) It is vested with unlimited civ ...

Justice

William Jay Gaynor William Jay Gaynor (February 2, 1849 – September 10, 1913) was an American politician from New York City, associated with the Tammany Hall political machine. He served as the 94th mayor of the City of New York from 1910 to 1913, and previously ...

declared that Sjöström had officially fled the country and allowed creditors to stop the widow from selling his property. He died in 1896 without returning the money to his clients.

References

{{DEFAULTSORT:Sjostrom, Olof Adolf 1841 births 1896 deaths People from Timrå Municipality American people of Swedish descent Remittances