The truth
He's actually been set up by the BOFH.
Interpol is seeking the missing boss of a bankrupt Danish IBM reseller IT Factory, who is suspected of frauds totalling $85m. Local police are also investigating a brutal attack on a reported business partner of Stein Bagger days before his disappearance. Danish daily Berlingske Tidende reports that Bagger left his wife last …
Well, if he was hoping to get e short sentence based on this being a so-called white collar crime the attack on the business partner may have blown it big style.
Of course, growing your figures via some dodgy book keeping is a bit of a pastime in the UK. Azlan anyone?
"Well, if he was hoping to get e short sentence based on this being a so-called white collar crime"
A law professor has stated that he's looking at 6-7 years going by earlier cases. The assault could add perhaps 1 year to that (the partner didn't die - aggravated assault/attempted manslaughter at most) since sentences are served simultaneously in Denmark - it wouldn't matter all that much. He'd be out after 3 or 4 years anyway.
Of course, then there'd be the slight matter of a miffed partner - maybe mr. Bagger will need his contacts in Hells Angels after all. ;-)
Corrected time line:
Thursday: CEO Stein Bagger disappears, Chairman Asger Jensby and his henchmen begin raiding the offices looking for anything suspicious.
Friday: Chairman still finds nothing suspicious in the offices
Saturday: Chairman still finds nothing but hears that the CEO has recently rented an extra office in a hotel next door. The office key is lying openly in the CEO's official office.
Sunday: Chairman searches the extra office and finds leasing contracts with fake chairman signatures and other revealing documents. Chairman estimates that at least half a billion kroner (about 85 million $) of past income is really debt to leasing financing banks.
Monday: Chairman files for immediate complete bankruptcy (no bankruptcy protection phase first). Chairman holds press conference at 11:00 am detailing the above time line and findings. www.itfactory.com redirected to dummy "gone bankrupt" page.