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Medtech

Intellego Board Member a Suspect in Financial Crime Investigation

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Medtech Magazine
TL;DR

Intellego board member Johan Möllerström and the former CEO are being investigated by the Swedish Economic Crime Authority for alleged financial crimes, including gross swindling and fraud. The investigation centers on deceptive press releases and financial reports that may have artificially inflated Intellego's valuation, and the probe also impacts Sensodetect due to Intellego's market communications.

Key takeaways

  • According to Medtech Magazine, Intellego board member Johan Möllerström and the company's former CEO are under investigation for financial crimes
  • Möllerström faces charges of gross swindling and gross fraud, stemming from alleged market manipulation
  • The Swedish Economic Crime Authority (Ekobrottsmyndigheten) is investigating claims that deceptive press releases and financial reports were used to artificially inflate Intellego's valuation
According to Medtech Magazine, Intellego board member Johan Möllerström and the company's former CEO are under investigation for financial crimes. Möllerström faces charges of gross swindling and gross fraud, stemming from alleged market manipulation. The Swedish Economic Crime Authority (Ekobrottsmyndigheten) is investigating claims that deceptive press releases and financial reports were used to artificially inflate Intellego's valuation. The investigation into Intellego's market communications also has implications for another medtech company, Sensodetect.

Related Topics

IntellegoJohan Möllerströmfinancial crimemedtechfraudmarket manipulationSwedish Economic Crime Authority

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