52-year-old millionaire fraudster confesses in Zurich court
Published: Tuesday, Nov 28th 2023, 11:10
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The 52-year-old Swiss man who defrauded almost three million francs from construction projects basically confessed to the crimes in the Zurich District Court on Tuesday. He said he was sorry. "But at some point I got so deep into it that I couldn't stop."
As project manager for construction projects, for example for the Zurich University Hospital, the accused had approved fictitious invoices so that the canton would pay them. The invoices were sent by contractors he knew personally.
However, the invoiced work never took place, such as landscaping work, waterproofing and fire protection. The money was divided between the project manager and the contractors.
A vacation apartment and a horse
Among other things, he used the money to pay for a vacation apartment in Davos, a horse and to help his girlfriend at the time build a detached house. The prosecution is demanding a partial prison sentence of 3 years, of which he has already served 300 days in custody. "A brutally hard time."
Several business friends are also on trial. Due to the large number of defendants, the verdict will be delivered at a later date. Two other defendants have already been sentenced to conditional custodial sentences in summary proceedings.
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