A Swedish citizen Roger Nils-Jonas Karlsson has been arrested in Thailand on the 18th of June, and the United States Department of Justice (DoJ) is seeking his extradition to put him to trial in the U.S state of California.
The DoJ press release reveals that a complaint, filed on the 4th of March 2019, against Karlsson and his firm Eastern Metal Securities (EMS) has been unsealed and the U.S authorities now seek to put Karlsson to justice after his arrest.
The complaint documents filed by Special Agent Jeremiah Haynle further reveals that Karlsson has also been using pseudonyms that include; Steven Heyden, Euclid Diodorus, Lars Georgsson, Krister Joelsson, Paramon Larasoft, Joshua Millard and Kenth Westerberg.
Karlsson is reported to have used different websites in order to defraud their visitors through different schemes. One of such schemes was run through the EMS website offering “Pre Funded Reversed Pension Plan” (PFRPP). However, the company itself is registered to a fake identity, while the website offers one and a quarter (1.15kg) kilogram of gold worth of share for only ninety-eight dollars ($98).
Investigators found that the price of gold was well over forty-five thousand dollars ($45,000) at the time it was offered for a meagre ninety-eight dollars ($98). Moreover, as a backup option, Karlsson’s firm offered up to ninety-seven percent (97%) return on investment in case the gold backing fails to provide them return.
Karlsson is also reported to have used a second website HCI25 that would allow him to buy time and defraud as many people as possible. Although, the firm gave only explanations over missed payouts such as; taking out big chunks of money can hurt the financial ecosystem of the company.
Furthermore, Karlsson and company also faked a U.S Securities and Exchange Commission discussion over a reliable way to carry out payouts for investors.