Four Finnish men are set to go on trial for a major investment scam

Four Finnish men are set to go on trial for a major investment scam. The men are suspected of conning investors out of some 800,000 euros. About 120 plaintiffs have joined the case. The prosecutor's office in Pirkanmaa prepared the case against the men who are suspected of aggravated fraud from the years 2004 to 2005. The men promised investors major returns on investments in foreign currency and oil through the company KMP Global Group Cooperation. A bank in Tampere reported suspicious activity to police after noting some 230,000 euros suddenly appeared in an individual account. Officials discovered that the money was deposited by Finnish investors. Some of the swindled investors also lost money in the WinCapita pyramid investment scam. Officials in Latvia, Estonia, the United States and Belgium assisted the prosecutor in putting together the case. The hearing is to begin in the Tampere District Court in February.

Four Finnish men are set to go on trial for a major investment scam

Four Finnish men are set to go on trial for a major investment scam. The men are suspected of conning investors out of some 800,000 euros. A...

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