Operation Casino-New Zealand's largest casino court case

A giant pyramid scheme

The fraud in Operation Casino has been in the millions and constitutes a money laundering crime. Some private individuals have taken out loans in the belief that these would not be traceable to them. They have tried to avoid this by using money launderers in different countries. These money launderers have taken out the loans at casinos in France and Monaco.

Many of those involved have since reported the loans to the police and said that they have been id-hijacked. In this way, they have been able to keep their borrowed money in the hope of not having to repay the loan. According to Operation Casino, those involved have since spent their time on the French Riviera surrounded by champagne bottles and exclusive sports cars from money obtained.

More than 100 people are prosecuted

The case in the documentary Operation Casino began to be uncovered as early as 2018 and quickly about 40 people had been detained. Initially, it was thought that it was only money laundering that was the issue. Possibly, cases of fraud also began to appear.

A total of 109 individuals were charged in the case. The person who was behind the entire operation received a sentence of 7 years and 6 months in prison. Another 13 people received prison sentences ranging from 3 months to 3 years. The rest of those involved had to pay a fine, and some of them also received a suspended sentence.

Those who acted as borrowers, as a rule, were convicted of gross fraud. It is said that they had very little knowledge of the actual extent of the money laundering crackdown. They also had very limited information about how it was all organized.
It is the loan amount that has largely determined whether the crime was classified as aggravated or not. In some cases, the borrower was so little involved that the penalties have become less severe.

Known to the police before

The principal who is sentenced to 7 years and 6 months in prison is already known by the police. He has been convicted of aggravated fraud on a total of 247 occasions. The court of Appeal points out that he has convinced young and unpunished people to commit a fraud that has also caused them large debts.

Connections to$iminella networks

The fraud and money laundering are connected to the Östbergan Network. It is a$iminal network based in Östberga in southern Stockholm.

According to the police, the Östberganetverket first and foremost earns money from fraud, drug trafficking and extortion. Östberganätverket has in recent years been known for its conflict with Bredängsnätverket. In the conflict, several shootings have taken place, and sometimes with fatal outcomes. It is said that the conflict originated from a batch of stolen cocaine.