1 00:00:02,000 --> 00:00:07,000 Downloaded from YTS.BZ 2 00:00:06,200 --> 00:00:08,200 [suspenseful music playing] 3 00:00:08,000 --> 00:00:13,000 Official YIFY movies site: YTS.BZ 4 00:00:13,720 --> 00:00:17,240 [man] I'm trying to look like a professional here. 5 00:00:17,320 --> 00:00:19,720 -I understand. Nice and neat. -[man] Yes. Thank you. 6 00:00:22,000 --> 00:00:23,480 [manicurist] What do you do for work? 7 00:00:24,160 --> 00:00:26,600 [man] Well, I am, uh… 8 00:00:27,280 --> 00:00:28,120 I used to… 9 00:00:29,000 --> 00:00:30,200 I used to… 10 00:00:30,720 --> 00:00:33,120 I used to work… in finance. 11 00:00:33,200 --> 00:00:36,800 I acquired companies from the stock market. 12 00:00:36,880 --> 00:00:37,800 [manicurist] Hmm! 13 00:00:37,880 --> 00:00:42,400 [man] But over the last 30 years, I've been, uh… 14 00:00:43,400 --> 00:00:45,320 I've been on the run. 15 00:00:46,000 --> 00:00:47,520 -In hiding. -[manicurist] In hiding? 16 00:00:47,600 --> 00:00:49,880 [man] Yes. Interpol and everything. 17 00:00:57,400 --> 00:01:00,400 [narrator] He has been in hiding for 30 years. 18 00:01:01,080 --> 00:01:05,320 The man alleged to be behind one of Sweden's largest financial crimes 19 00:01:05,400 --> 00:01:09,240 in what came to be known as the Trustor affair. 20 00:01:10,240 --> 00:01:14,200 [man 1] The man behind the suspected fraud is a 33-year-old man from Stockholm. 21 00:01:14,280 --> 00:01:17,280 The main perpetrator in the Trustor affair is Joachim Posener. 22 00:01:17,360 --> 00:01:22,120 [man 2] Joachim Posener, the man suspected of being the brains behind the operation. 23 00:01:22,200 --> 00:01:25,720 [woman 2] Joachim Posener is wanted by Interpol. 24 00:01:25,800 --> 00:01:29,440 [narrator] Rumor has it that he got away with 100 million, 25 00:01:29,960 --> 00:01:31,840 had plastic surgery, 26 00:01:31,920 --> 00:01:34,440 and has been in hiding in all corners of the world. 27 00:01:34,520 --> 00:01:36,840 THE TRUSTOR SCANDAL THAT'S WHERE THE FRAUD'S HIDING 28 00:01:36,920 --> 00:01:39,920 [man 3] Police have a new lead regarding his whereabouts. 29 00:01:40,000 --> 00:01:40,840 HIS SIGNS OF LIFE 30 00:01:40,920 --> 00:01:42,320 [man 3] There was talk about Moscow, 31 00:01:42,400 --> 00:01:44,440 Tel Aviv, Rio de Janeiro, 32 00:01:44,520 --> 00:01:47,040 Barbados, Iraq and a myriad of other countries. 33 00:01:47,120 --> 00:01:48,800 EXPRESSEN FOUND THE SUSPECT'S HOME IN ISRAEL 34 00:01:48,880 --> 00:01:52,560 [narrator] A reward was offered for any information that could lead to an arrest. 35 00:01:52,640 --> 00:01:54,160 INTENSE HUNT FOR POSENER AFTER NEW TIPS 36 00:01:54,240 --> 00:01:55,600 Police received tips of all kinds. 37 00:01:55,680 --> 00:01:56,560 NATIONAL POLICE BOARD 38 00:01:56,640 --> 00:01:57,800 THE WANTED JOACHIM POSENER 39 00:01:57,880 --> 00:02:01,400 Some said that he had a ponytail, very large feet, 40 00:02:01,480 --> 00:02:03,320 spoke with a Scanian accent, 41 00:02:03,920 --> 00:02:05,520 drank Pepsi, 42 00:02:06,280 --> 00:02:09,200 and that he was hiding in the Big Brother house. 43 00:02:10,280 --> 00:02:12,160 But Joachim Posener was never found. 44 00:02:15,280 --> 00:02:18,760 The story goes that in 1997, he and four other people 45 00:02:18,840 --> 00:02:21,640 managed to buy the investment company Trustor… 46 00:02:24,280 --> 00:02:26,520 using Trustor's own money. 47 00:02:28,800 --> 00:02:32,160 [man 4] This is unprecedented in the history of the Swedish stock exchange. 48 00:02:32,240 --> 00:02:35,880 [woman 3] Somehow, hundreds of millions of Trustor's funds 49 00:02:35,960 --> 00:02:39,160 have been traced to bank accounts all across the world. 50 00:02:39,240 --> 00:02:42,480 [man 5] One of the biggest financial frauds in Swedish history. 51 00:02:44,040 --> 00:02:46,560 [narrator] But how did the whole affair come to be? 52 00:02:47,080 --> 00:02:48,520 Who did what? 53 00:02:48,600 --> 00:02:51,560 And how did life turn out for those who were involved? 54 00:02:53,320 --> 00:02:56,320 INSIDE THE TRUSTOR SCANDAL 55 00:02:56,840 --> 00:02:58,960 A FILM BY KARIN AF KLINTBERG 56 00:03:00,240 --> 00:03:03,280 [car speakers] ♪ Yo, listen up Here's the story ♪ 57 00:03:03,360 --> 00:03:08,080 ♪ About a little guy That lives in a blue world… ♪ 58 00:03:08,160 --> 00:03:12,280 [man] I had no idea what a damn mess this company takeover would be 59 00:03:12,360 --> 00:03:14,040 when I first got involved. 60 00:03:14,120 --> 00:03:16,000 ♪ …inside and outside… ♪ 61 00:03:16,080 --> 00:03:18,640 [narrator] This "damn mess" has been under investigation for years. 62 00:03:18,720 --> 00:03:21,160 Yet what actually happened still remains unclear, 63 00:03:21,240 --> 00:03:24,000 with everyone involved having their own side of the story. 64 00:03:25,800 --> 00:03:27,240 [tires squeal] 65 00:03:28,600 --> 00:03:30,320 To bring some clarity, 66 00:03:31,280 --> 00:03:34,560 I reached out to those who were involved in one way or another. 67 00:03:35,960 --> 00:03:38,880 One of them is the consultant, Thomas Jisander. 68 00:03:39,400 --> 00:03:41,360 The guy parking his Ferrari. 69 00:03:42,600 --> 00:03:44,400 [Jisander] Now, looking back in hindsight, 70 00:03:44,480 --> 00:03:46,200 you might think that I should have known 71 00:03:46,280 --> 00:03:48,960 what was actually going to happen with this affair. 72 00:03:49,040 --> 00:03:50,080 CONSULTANT, TRUSTOR, 1997 73 00:03:50,160 --> 00:03:51,200 But I didn't. 74 00:03:52,560 --> 00:03:54,880 [narrator] I also met with the vice president, 75 00:03:54,960 --> 00:03:57,480 who is still affected to this day. 76 00:03:57,560 --> 00:03:59,040 [Djursén] Something broke in my brain. 77 00:03:59,120 --> 00:04:01,680 I've barely slept since 1997, to be honest. 78 00:04:01,760 --> 00:04:03,120 DEPUTY CEO, TRUSTOR, 1997 79 00:04:03,200 --> 00:04:05,400 [narrator] As well as the investigative reporter. 80 00:04:06,080 --> 00:04:09,280 [Lindstedt] I felt in my gut that something wasn't right. 81 00:04:10,680 --> 00:04:14,040 [narrator] And the police officer that hunted down Joachim Posener. 82 00:04:14,120 --> 00:04:15,640 FORMER CHIEF FINANCIAL INTELLIGENCE UNIT 83 00:04:15,720 --> 00:04:18,440 [Söderström] It haunts me so much that we didn't catch the main suspect 84 00:04:18,520 --> 00:04:20,320 behind the Trustor affair. 85 00:04:20,400 --> 00:04:21,480 Shit… 86 00:04:22,080 --> 00:04:26,560 [narrator] And lastly, the seasoned financier who tried to clean up the mess. 87 00:04:26,640 --> 00:04:29,200 [Björnsson] It's one thing to be tough in business. 88 00:04:29,280 --> 00:04:30,360 FINANCIER 89 00:04:30,440 --> 00:04:32,840 But when it comes to criminals, I have no qualms. 90 00:04:36,560 --> 00:04:38,800 [narrator] And then there's Joachim Posener, 91 00:04:38,880 --> 00:04:43,360 whom neither the police nor Interpol managed to find in those 30 years. 92 00:04:43,440 --> 00:04:45,360 His side of the story has never been told. 93 00:04:45,440 --> 00:04:46,800 PICTURED AS HE USED TO LOOK 94 00:04:46,880 --> 00:04:50,040 Whether it was worth the price of leaving his family and children behind 95 00:04:50,120 --> 00:04:51,520 to live in hiding. 96 00:04:52,040 --> 00:04:54,040 [suspenseful music playing] 97 00:04:55,320 --> 00:04:57,480 [narrator] After an extensive search, I managed 98 00:04:57,560 --> 00:05:00,200 to obtain the email address of the missing Joachim Posener. 99 00:05:00,280 --> 00:05:01,520 REGARDS, KARIN AF KLINTBERG 100 00:05:01,600 --> 00:05:02,560 SORRY TO NAG… 101 00:05:02,640 --> 00:05:03,960 THIRD TIME LUCKY… 102 00:05:04,600 --> 00:05:06,840 And when I expressed that I was only looking for the truth… 103 00:05:06,920 --> 00:05:08,880 IT'S DIFFICULT TO DETERMINE WHO'S TELLING THE TRUTH 104 00:05:08,960 --> 00:05:10,280 …he finally replied. 105 00:05:10,360 --> 00:05:12,280 INBOX 106 00:05:12,360 --> 00:05:14,560 ARLANDA TERMINAL 5 107 00:05:15,800 --> 00:05:18,400 [Posener] I got your email and read it. 108 00:05:18,960 --> 00:05:20,280 And… okay. 109 00:05:21,480 --> 00:05:26,440 I'll agree to schedule a meeting with you somewhere in Europe. 110 00:05:28,880 --> 00:05:30,880 [af Klintberg] What are the terms for this meeting? 111 00:05:31,680 --> 00:05:35,040 [Posener] I still want the option to back out. 112 00:05:36,880 --> 00:05:39,480 [af Klintberg] How will I know it's you when I see you? 113 00:05:40,200 --> 00:05:41,960 [Posener] You'll recognize this voice. 114 00:05:42,560 --> 00:05:45,560 And even though it's been 30 years, 115 00:05:46,080 --> 00:05:48,000 I don't look that different. 116 00:05:50,680 --> 00:05:53,680 BRUSSELS 117 00:05:56,080 --> 00:05:58,720 [af Klintberg] The first meeting was set in a public place, 118 00:05:58,800 --> 00:06:01,800 where Joachim Posener could watch us from a distance. 119 00:06:02,840 --> 00:06:06,280 The agreement was that we were only allowed to film him from behind. 120 00:06:09,680 --> 00:06:12,320 No one knows what he looks like these days… 121 00:06:13,440 --> 00:06:14,520 [man] Bonjour. 122 00:06:32,000 --> 00:06:33,920 Hello, I'm Joachim. 123 00:06:36,240 --> 00:06:40,080 [af Klintberg] There are very few official photos of Joachim Posener. 124 00:06:40,600 --> 00:06:43,360 Which makes sense for someone who does not want to be found. 125 00:06:46,680 --> 00:06:49,920 While on the run, he has given a single TV interview, 126 00:06:50,000 --> 00:06:52,960 but since he was actively wanted by the police at the time, 127 00:06:53,040 --> 00:06:54,600 he didn't wanna show his face, 128 00:06:54,680 --> 00:06:57,280 and he lied his way through the entire interview. 129 00:06:57,360 --> 00:07:01,320 People claim you're the mastermind behind the Trustor affair. Were you? 130 00:07:01,400 --> 00:07:03,040 [Posener] No, absolutely not. 131 00:07:03,120 --> 00:07:06,080 I had nothing to do with any of this. 132 00:07:06,160 --> 00:07:09,440 Uh, I entered the picture in… in August. 133 00:07:09,520 --> 00:07:11,160 Before that, I… 134 00:07:11,240 --> 00:07:14,320 [af Klintberg] You've never really explained to me what happened. 135 00:07:15,120 --> 00:07:17,480 Why are you deciding to do it now? 136 00:07:17,560 --> 00:07:19,760 [Posener] We're now past the statute of limitations. 137 00:07:19,840 --> 00:07:22,400 There's no reason to stay silent anymore. 138 00:07:23,440 --> 00:07:25,600 [af Klintberg] Will you tell the truth in our interviews? 139 00:07:25,680 --> 00:07:29,200 -Will you tell the truth? -[Posener] I… I definitely won't lie. 140 00:07:29,760 --> 00:07:31,560 -[af Klintberg] About anything? -[Posener] No. 141 00:07:31,640 --> 00:07:33,920 But you'll have to ask the right questions. 142 00:07:34,920 --> 00:07:36,920 [upbeat music playing] 143 00:07:39,560 --> 00:07:41,760 [af Klintberg] The people involved had their own reasons 144 00:07:41,840 --> 00:07:43,840 for getting involved in the deal. 145 00:07:47,680 --> 00:07:49,880 [Jisander] To me, it was about making money, 146 00:07:49,960 --> 00:07:52,720 and feeling like I was a success. 147 00:07:52,800 --> 00:07:54,680 Money gives you a kind of freedom, 148 00:07:54,760 --> 00:07:59,240 and it's a confirmation of whether you're successful or not. 149 00:08:00,080 --> 00:08:05,920 Ever since I was a kid, I've been fascinated by big yachts and nice cars. 150 00:08:06,960 --> 00:08:08,200 Excuse me! 151 00:08:08,760 --> 00:08:11,160 Eighty! Eight zero, right? 152 00:08:11,240 --> 00:08:12,600 What is the model? 153 00:08:12,680 --> 00:08:14,760 I dreamt of becoming very rich. 154 00:08:14,840 --> 00:08:17,480 To charter a yacht after a successful deal, 155 00:08:17,560 --> 00:08:20,600 sit on top of an ACTA deck with a drink in hand 156 00:08:20,680 --> 00:08:22,840 and feel like I did a really good job. 157 00:08:22,920 --> 00:08:27,320 I wanted to make money and feel like I deserved that childhood dream. 158 00:08:30,240 --> 00:08:32,960 [Djursén] My dream was to get into the finance world. 159 00:08:34,160 --> 00:08:35,920 I was obsessed by it. 160 00:08:37,640 --> 00:08:39,640 I used to sell business systems. 161 00:08:39,720 --> 00:08:43,480 Wherever I worked, I was usually the best salesman. 162 00:08:43,560 --> 00:08:46,440 But what I really wanted was to be the boss. 163 00:08:47,160 --> 00:08:48,640 Which was a crazy goal, 164 00:08:48,720 --> 00:08:52,000 because it turns out that I am not a very good boss. 165 00:08:56,120 --> 00:08:58,640 Back in the day, when you had a "yacht", 166 00:08:58,720 --> 00:09:03,280 it had to be at least 100 to 115 feet. 167 00:09:03,360 --> 00:09:07,120 That was the limit for it to be considered as a yacht. 168 00:09:07,200 --> 00:09:08,640 How long is this one? 169 00:09:09,640 --> 00:09:10,480 [man] 27? 170 00:09:10,560 --> 00:09:12,640 These days, standards are a bit higher. 171 00:09:12,720 --> 00:09:17,440 Now, I'd definitely not call it a yacht if it's not at least 165 feet. 172 00:09:17,520 --> 00:09:20,040 Otherwise, you definitely can't call it a yacht. 173 00:09:20,120 --> 00:09:21,760 No one remembers a coward. 174 00:09:22,600 --> 00:09:24,320 [seagulls calling] 175 00:09:24,400 --> 00:09:26,400 [somber music playing] 176 00:09:28,440 --> 00:09:31,600 [af Klintberg] Joachim Posener had other motives for the deal. 177 00:09:33,240 --> 00:09:36,000 After our first meeting with Joachim Posener, 178 00:09:36,080 --> 00:09:39,840 we were allowed to continue meeting in various locations across Europe. 179 00:09:40,400 --> 00:09:41,400 [Posener] Ahem. 180 00:09:42,200 --> 00:09:43,280 Yup. 181 00:09:43,800 --> 00:09:45,680 You managed to get me here. 182 00:09:48,480 --> 00:09:51,080 [af Klintberg] I was not allowed to film his face. 183 00:09:51,160 --> 00:09:52,800 At least, not at first. 184 00:09:53,800 --> 00:09:55,320 He has one rule. 185 00:09:55,840 --> 00:09:57,920 No questions about his family. 186 00:10:00,160 --> 00:10:02,520 It is a rule I'll come to bend eventually. 187 00:10:02,600 --> 00:10:04,600 [train passing] 188 00:10:07,640 --> 00:10:10,920 [Posener] I still control every little detail of my life. 189 00:10:11,960 --> 00:10:14,280 It becomes a… habit, 190 00:10:14,760 --> 00:10:16,800 when you live life on the run. 191 00:10:17,960 --> 00:10:19,960 [suspenseful music playing] 192 00:10:21,280 --> 00:10:23,040 [Posener] If you want to avoid being found, 193 00:10:23,120 --> 00:10:25,880 you've gotta be bland, uninteresting, and invisible. 194 00:10:25,960 --> 00:10:29,640 You've got to disappear in the crowd, blend in with everyone else. 195 00:10:32,040 --> 00:10:34,440 You can't attract anyone's attention. 196 00:10:36,960 --> 00:10:41,440 While on the run from the police, I lived a bit like a secret agent. 197 00:10:43,640 --> 00:10:48,040 I sacrificed my family and my life for freedom. 198 00:10:49,040 --> 00:10:50,320 Not for the money. 199 00:10:55,840 --> 00:10:58,360 [af Klintberg] Have you visited Sweden in the last 30 years? 200 00:10:58,440 --> 00:11:00,000 [Posener] Not even once. 201 00:11:00,880 --> 00:11:02,680 [af Klintberg] Why didn't you return home? 202 00:11:03,840 --> 00:11:08,800 [Posener] I couldn't bring myself to serve a maximum sentence in prison again. 203 00:11:10,840 --> 00:11:13,680 I barely got through the last sentence I served. 204 00:11:15,880 --> 00:11:18,640 [af Klintberg] "The last sentence" refers to the last prison sentence 205 00:11:18,720 --> 00:11:21,840 that Joachim Posener served before the Trustor affair. 206 00:11:24,120 --> 00:11:25,880 In the late 1980s, 207 00:11:25,960 --> 00:11:28,360 at the height of the financial boom, 208 00:11:28,440 --> 00:11:31,240 22-year-old Joachim Posener had already begun 209 00:11:31,320 --> 00:11:33,720 trading stocks and options, 210 00:11:33,800 --> 00:11:37,000 and selling creative tax solutions. 211 00:11:37,920 --> 00:11:39,920 At first, things went well. 212 00:11:40,640 --> 00:11:42,400 He was making millions. 213 00:11:43,240 --> 00:11:45,560 [electronic pop music playing] 214 00:11:50,800 --> 00:11:53,520 [Posener] I wanted respect from people in the financial world, 215 00:11:53,600 --> 00:11:55,440 even though I didn't really belong there. 216 00:11:59,640 --> 00:12:02,600 I was young, and wanted to be part of the financial elite. 217 00:12:02,680 --> 00:12:04,840 I wanted everything and I wanted it fast, 218 00:12:04,920 --> 00:12:08,600 so I took some shortcuts, because I didn't have time for the scenic route. 219 00:12:08,680 --> 00:12:10,600 I hadn't even finished law school. 220 00:12:11,360 --> 00:12:14,640 My greatest fear was to live this life unnoticed, 221 00:12:15,160 --> 00:12:19,640 and not leave my mark, and be remembered for what I did. 222 00:12:22,520 --> 00:12:26,960 It led to me working extremely hard, and working on bigger things, 223 00:12:27,040 --> 00:12:30,640 so that I could leave a trace of my existence in this world. 224 00:12:31,840 --> 00:12:33,840 [suspenseful music playing] 225 00:12:36,480 --> 00:12:39,320 [af Klintberg] Joachim Posener founded the investment company Thul 226 00:12:39,400 --> 00:12:40,760 with a colleague. 227 00:12:40,840 --> 00:12:44,160 It had offices on fancy streets in Stockholm and Copenhagen. 228 00:12:46,080 --> 00:12:50,080 The only problem was that they didn't have any money to do business with. 229 00:12:53,400 --> 00:12:57,520 [Posener] In 1991, during the financial crisis, loans were impossible to get. 230 00:12:57,600 --> 00:12:58,720 GENERAL INDEX 30 DAYS -1.5% 231 00:12:58,800 --> 00:12:59,880 MARKET CAPITALISATION 232 00:12:59,960 --> 00:13:03,600 But I was able to find a way to use rigged options. 233 00:13:04,400 --> 00:13:07,360 It doesn't actually have to exist, it just needs to look like it does. 234 00:13:07,440 --> 00:13:08,480 [dialing] 235 00:13:09,200 --> 00:13:14,720 [Posener] I had invented a way to create as many assets as I wanted, on paper. 236 00:13:14,800 --> 00:13:19,720 That led us to acquiring four publicly listed companies in Denmark. 237 00:13:21,680 --> 00:13:27,360 But that also meant that we had acquired them under not-so-legal circumstances. 238 00:13:30,760 --> 00:13:34,960 I had bought a house and had just had a daughter. 239 00:13:35,040 --> 00:13:36,680 OUR DAUGHTER JANUARY 13TH 1992 240 00:13:36,760 --> 00:13:38,560 And life was great. 241 00:13:39,280 --> 00:13:41,720 -But then there was a knock at the door. -[doorbell rings] 242 00:13:41,800 --> 00:13:43,800 And it was the police. 243 00:13:43,880 --> 00:13:46,040 [news jingle plays] 244 00:13:46,120 --> 00:13:49,840 [man] From this house, two Swedes tried to drain millions from the city. 245 00:13:49,920 --> 00:13:54,000 The masterminds were sentenced to six and four and a half years 246 00:13:54,080 --> 00:13:55,720 for financial fraud. 247 00:13:56,200 --> 00:13:58,560 POSENER, JOACHIM RALPH NORRTÄLJE PRISON 248 00:13:58,640 --> 00:14:01,880 [af Klintberg] Joachim Posener was permanently expelled from Denmark 249 00:14:01,960 --> 00:14:04,520 and sentenced to six years in prison in Sweden 250 00:14:04,600 --> 00:14:07,480 for aggravated fraud and tax evasion. 251 00:14:08,080 --> 00:14:12,920 [Posener] It was such a… a shock to receive such a severe sentence 252 00:14:13,000 --> 00:14:15,360 in a high-security prison. 253 00:14:16,480 --> 00:14:18,840 I was 29 when I got locked up. 254 00:14:19,360 --> 00:14:21,880 It was, um… [sighs] 255 00:14:21,960 --> 00:14:23,280 …completely devastating. 256 00:14:23,360 --> 00:14:24,680 THEIR COUP LANDED THEM 500 MILLION 257 00:14:24,760 --> 00:14:26,520 MARRIED 12/01/1990 OWNER OF A VILLA ON LIDINGÖ 258 00:14:26,600 --> 00:14:28,560 I lost my house, my wife, my child, custody. 259 00:14:28,640 --> 00:14:31,400 TAXED INCOME: 74,000 TOTALED INCOME: 193,000 WEALTH: 1,032,000 260 00:14:31,480 --> 00:14:34,440 Everything was gone. It was a nightmare. 261 00:14:34,520 --> 00:14:39,040 Going from an upper-middle-class life and driving a BMW to work 262 00:14:39,680 --> 00:14:43,080 to being surrounded by walls covered in blood and vomit… 263 00:14:46,880 --> 00:14:48,400 The Norrtälje prison. 264 00:14:49,280 --> 00:14:52,720 It was one of Sweden's toughest prisons security-wise, 265 00:14:52,800 --> 00:14:54,880 with extreme security measures. 266 00:14:57,840 --> 00:14:59,440 I didn't belong there. 267 00:14:59,520 --> 00:15:03,440 It's for people that are too dangerous to be around others. 268 00:15:03,520 --> 00:15:06,000 I sure wasn't in the finance world anymore. 269 00:15:06,760 --> 00:15:08,800 You're afraid constantly. 270 00:15:08,880 --> 00:15:13,440 Look at the wrong guy the wrong way at the wrong time and you get beat up. 271 00:15:13,520 --> 00:15:15,440 They're used to fighting, I'm not. 272 00:15:15,520 --> 00:15:17,360 [alarm blaring] 273 00:15:18,280 --> 00:15:21,120 [Posener] The experience taught me one thing, though. 274 00:15:22,240 --> 00:15:25,120 I never wanted to go through that again. 275 00:15:25,200 --> 00:15:27,520 [echoing clang] 276 00:15:30,320 --> 00:15:33,280 [af Klintberg] Yet it was in prison, first in Norrtälje, 277 00:15:33,360 --> 00:15:34,960 then in an open facility, 278 00:15:35,040 --> 00:15:38,240 that Joachim Posener began planning his next move, 279 00:15:38,320 --> 00:15:41,200 which would come to be the Trustor affair. 280 00:15:43,200 --> 00:15:47,040 [Posener] Within a week, I was already thinking about how to do it again. 281 00:15:47,560 --> 00:15:48,960 But even better. 282 00:15:49,880 --> 00:15:53,080 My mission was to get revenge 283 00:15:53,160 --> 00:15:56,760 and eventually become legit. 284 00:16:00,160 --> 00:16:01,560 [dog barking] 285 00:16:02,680 --> 00:16:07,440 [Posener] I had made acquiring companies without funding my specialty. 286 00:16:09,000 --> 00:16:11,480 And that was the plan this time as well. 287 00:16:12,440 --> 00:16:15,840 I needed to prove to myself that it could work. 288 00:16:16,840 --> 00:16:19,520 That I could acquire a company with its own money 289 00:16:19,600 --> 00:16:21,880 without breaking any laws. 290 00:16:21,960 --> 00:16:23,600 [helicopter engine whirring] 291 00:16:26,280 --> 00:16:29,320 So I started looking for a publicly listed company 292 00:16:30,200 --> 00:16:33,800 where I could acquire a majority stake and take control. 293 00:16:34,320 --> 00:16:37,520 It needed to have strong cash reserves 294 00:16:37,600 --> 00:16:40,360 and, ideally, undervalued assets. 295 00:16:44,000 --> 00:16:45,920 Whenever they let me out, 296 00:16:46,000 --> 00:16:51,240 I would fill up bags with financial magazines and annual reports. 297 00:16:51,320 --> 00:16:52,880 I would walk past the guard 298 00:16:52,960 --> 00:16:55,200 and smuggle them right into prison. 299 00:16:56,920 --> 00:16:59,080 I had made a list of potential companies. 300 00:17:00,520 --> 00:17:02,280 One of them was Trustor. 301 00:17:02,360 --> 00:17:05,040 But it could have been any company, really. 302 00:17:08,960 --> 00:17:11,640 Since I was in prison, I needed accomplices. 303 00:17:11,720 --> 00:17:13,680 I couldn't buy listed companies anymore. 304 00:17:13,760 --> 00:17:16,960 I was banned from the finance world. I was burned. 305 00:17:17,880 --> 00:17:19,000 [ringing tone] 306 00:17:19,080 --> 00:17:21,480 And that's when my cousin reached out to me. 307 00:17:23,320 --> 00:17:24,800 [suspenseful music playing] 308 00:17:24,880 --> 00:17:28,320 JOACHIM, COUSIN THOMAS 309 00:17:28,400 --> 00:17:29,240 COUSINS 310 00:17:29,320 --> 00:17:31,160 [Jisander] Joachim Posener and I are cousins. 311 00:17:31,760 --> 00:17:34,560 His mother and my mother were sisters. 312 00:17:34,640 --> 00:17:39,480 So we've basically known each other our entire lives. 313 00:17:40,320 --> 00:17:44,240 It was around October or November 1996. 314 00:17:44,320 --> 00:17:47,200 Joachim Posener contacted me from prison. 315 00:17:47,280 --> 00:17:49,400 He wanted me to visit him. 316 00:17:51,880 --> 00:17:53,360 [Posener] Thomas reached out to me 317 00:17:53,440 --> 00:17:55,160 and said he wanted to pay me a visit. 318 00:17:55,240 --> 00:17:56,160 So I said yes. 319 00:17:58,200 --> 00:18:01,240 He started telling me about his Thul deal 320 00:18:01,320 --> 00:18:02,960 and what had happened. 321 00:18:04,200 --> 00:18:05,960 [Posener] Suddenly, he said… 322 00:18:07,200 --> 00:18:11,000 "Listen, if you've got something brewing that I can be a part of, I want to do it." 323 00:18:11,080 --> 00:18:12,560 "Like you did in Denmark." 324 00:18:14,840 --> 00:18:19,080 [Jisander] Joachim asked me to take part in the deals he wanted to make. 325 00:18:19,680 --> 00:18:21,720 [Posener] Thomas nagged his way into being included. 326 00:18:21,840 --> 00:18:22,880 CIVIL ENGINEER 327 00:18:22,960 --> 00:18:25,160 But he knew nothing about this stuff. 328 00:18:25,240 --> 00:18:27,200 He worked within ISO 9000 certification. 329 00:18:27,280 --> 00:18:28,320 QUALITY ADVISOR - ISO 9000 330 00:18:28,400 --> 00:18:33,080 Yeah, but I mean, I was educated enough to understand the concept, 331 00:18:33,160 --> 00:18:35,960 even though I hadn't worked in that field before. 332 00:18:36,040 --> 00:18:37,120 I… 333 00:18:37,840 --> 00:18:40,720 [Posener] I needed someone to attend meetings in my place, 334 00:18:40,800 --> 00:18:43,360 and he said he was willing to do as he was told. 335 00:18:45,240 --> 00:18:47,440 This was my baby, my project. 336 00:18:47,520 --> 00:18:51,160 It was important to me that I was sole captain of the ship. 337 00:18:53,040 --> 00:18:55,320 But I had failed to anticipate that 338 00:18:55,400 --> 00:18:58,280 Thomas would become blinded by the money, 339 00:18:58,360 --> 00:18:59,920 start acting stupid. 340 00:19:00,000 --> 00:19:01,600 ["Blue (Da Ba Dee)" by Eiffel 65 playing] 341 00:19:01,680 --> 00:19:05,600 Look who's here! Welcome, welcome! This is my home. This is the living room. 342 00:19:05,680 --> 00:19:07,600 TRUSTOR CONSULTANT 343 00:19:07,680 --> 00:19:11,440 And there's my little, uh, conference table. 344 00:19:11,520 --> 00:19:13,200 And the dining room. 345 00:19:13,280 --> 00:19:16,200 A big American-style sofa. 346 00:19:16,280 --> 00:19:18,920 And here is where I keep my bubbly. 347 00:19:19,000 --> 00:19:22,240 Which, uh, I drink when I'm thirsty, 348 00:19:22,320 --> 00:19:25,480 and that happens quite often. 349 00:19:26,520 --> 00:19:28,720 So yeah, it's a refrigerator, actually. 350 00:19:28,800 --> 00:19:31,480 And then I have a lovely view over Monaco. 351 00:19:33,360 --> 00:19:35,760 I think I'm gonna pour myself a drink. 352 00:19:36,280 --> 00:19:37,920 God, It's so bright. 353 00:19:43,320 --> 00:19:44,680 That tastes good. 354 00:19:44,760 --> 00:19:48,600 Here's a mini barbecue and a small fridge. A caviar fridge. 355 00:19:48,680 --> 00:19:52,400 Right, let's move on. I've got a few coffee machines, 356 00:19:52,480 --> 00:19:53,920 icemakers, and stuff. 357 00:19:54,000 --> 00:19:55,720 And this is the bedroom. 358 00:19:55,800 --> 00:19:59,520 It's Versace. I only want the best, so that's what I get. 359 00:19:59,600 --> 00:20:03,400 2,100 square feet in a prime location. 360 00:20:03,480 --> 00:20:06,800 Yup. Feels quite good. Gets the job done. 361 00:20:08,680 --> 00:20:10,680 [suspenseful music playing] 362 00:20:12,360 --> 00:20:15,520 [af Klintberg] The cousins grew up in good middle-class neighborhoods. 363 00:20:16,040 --> 00:20:17,320 Jisander in Askim in Gothenburg… 364 00:20:17,400 --> 00:20:19,000 IN FRONT OF THE VILLA ON LIDINGÖ 365 00:20:19,080 --> 00:20:21,560 …and Posener in Lidingö in Stockholm. 366 00:20:22,200 --> 00:20:23,560 JOACHIM IS GOING ICE-SKATING 367 00:20:24,800 --> 00:20:26,800 [Posener] I wasn't a cool kid. 368 00:20:26,880 --> 00:20:29,800 But I had a strong feeling that nothing was impossible. 369 00:20:29,880 --> 00:20:31,320 JOACHIM READING AS USUAL 370 00:20:32,200 --> 00:20:35,240 [af Klintberg] When was the first time you took an unlawful loan? 371 00:20:36,000 --> 00:20:39,400 [Posener] I was part of a financial club in college. 372 00:20:39,920 --> 00:20:43,280 Um, I think I was 17 or 18 years old 373 00:20:43,360 --> 00:20:46,840 and, uh… I needed to pay for something and they had cash. 374 00:20:46,920 --> 00:20:50,000 So I took it. But I had the intention to pay it back, 375 00:20:50,080 --> 00:20:52,840 but they found out it was missing before that. 376 00:20:52,920 --> 00:20:56,480 It must've been… I don't remember, 10,000 bucks. 377 00:20:58,200 --> 00:21:00,760 [af Klintberg] Do you think that was a sign of things to come? 378 00:21:02,000 --> 00:21:05,960 [Posener] I think it has more to do with how I look on laws and regulations. 379 00:21:06,040 --> 00:21:08,840 I try to follow the laws as best I can, 380 00:21:08,920 --> 00:21:12,240 but when they don't suit me, I see them as guidelines. 381 00:21:16,280 --> 00:21:18,800 [af Klintberg] When he is temporarily allowed to leave prison, 382 00:21:18,880 --> 00:21:20,320 Posener takes liberties. 383 00:21:20,400 --> 00:21:21,440 TRAVEL WHILE ON LEAVE 384 00:21:21,520 --> 00:21:23,440 He attends business meetings across Europe, 385 00:21:23,520 --> 00:21:26,160 even though he wasn't allowed to leave the country. 386 00:21:28,400 --> 00:21:31,600 After four years, he is released, but on parole. 387 00:21:33,080 --> 00:21:35,320 [Jisander] He got out sometime in February of 1997. 388 00:21:35,400 --> 00:21:36,320 RELEASED! 389 00:21:36,400 --> 00:21:38,760 He came out of prison and he needed a place to stay. 390 00:21:38,840 --> 00:21:42,200 I had an apartment that I wasn't using then, so I let him use it. 391 00:21:43,800 --> 00:21:45,760 [af Klintberg] Joachim Posener is under supervision 392 00:21:45,840 --> 00:21:48,720 and banned from commercial activities. 393 00:21:49,240 --> 00:21:51,480 But that doesn't matter if you're invisible. 394 00:21:52,760 --> 00:21:56,600 [Posener] After a while, I realized we needed more accomplices 395 00:21:56,680 --> 00:21:59,880 to help us get there and, um, to open some doors. 396 00:21:59,960 --> 00:22:04,080 And that's when Thomas suggested his friend Peter Mattsson. 397 00:22:04,160 --> 00:22:06,560 -[suspenseful music playing] -[chatter and laughter] 398 00:22:08,520 --> 00:22:12,320 [Posener] Peter Mattsson was from a wealthy family in Gothenburg. 399 00:22:14,280 --> 00:22:18,520 To me, Peter Mattsson's biggest asset was that he knew a British lord. 400 00:22:19,040 --> 00:22:21,960 A lord who fit my plan perfectly. 401 00:22:22,040 --> 00:22:25,640 [man] Peter Mattsson came to me with this proposition and said, 402 00:22:25,720 --> 00:22:31,080 "There are these people who want you to front them buying Trustor." 403 00:22:35,160 --> 00:22:39,040 [af Klintberg] Lord Moyne is from the successful brewery family Guinness. 404 00:22:39,120 --> 00:22:41,120 He was indeed a British lord. 405 00:22:41,640 --> 00:22:44,800 But for a lord, he is a bit strange. 406 00:22:45,320 --> 00:22:47,240 He wears worn-out loafers… 407 00:22:47,840 --> 00:22:49,440 and Rastafari bracelets. 408 00:22:50,480 --> 00:22:52,200 He practices yoga. 409 00:22:53,200 --> 00:22:55,680 He lives with his wife Sue during the week, 410 00:22:55,760 --> 00:22:58,800 and with his mistress Shoe on weekends. 411 00:22:59,920 --> 00:23:01,600 Business was not his cup of tea. 412 00:23:03,120 --> 00:23:05,120 But the lord needed money. 413 00:23:05,680 --> 00:23:10,360 And he would get it, so long as he fronted the acquisition of Trustor. 414 00:23:11,640 --> 00:23:14,600 [Posener] He was my hired figurehead. 415 00:23:16,600 --> 00:23:18,880 With a British lord on board, 416 00:23:19,400 --> 00:23:22,920 I knew that every single door was now open for us. 417 00:23:24,280 --> 00:23:27,080 The world of finance was eating out of his hand. 418 00:23:29,280 --> 00:23:32,360 [af Klintberg] The lord was portrayed as a business genius 419 00:23:32,440 --> 00:23:34,520 who wanted to make large investments in the Nordics. 420 00:23:34,600 --> 00:23:36,320 THE LORD PREFERS TO BUY IN THE NORDICS 421 00:23:36,360 --> 00:23:41,040 As proof of his wealth, the trio showcased a British magazine 422 00:23:41,120 --> 00:23:45,120 which claimed he was one of England's 500 richest people. 423 00:23:45,640 --> 00:23:49,000 But they never told anyone that it was a factual error. 424 00:23:55,120 --> 00:23:58,520 [Posener] I had my front man and I had my two assistants, 425 00:23:58,600 --> 00:24:02,360 but a publicly listed company needs a CEO. 426 00:24:03,240 --> 00:24:06,840 I didn't really care who, as long as he was cooperative 427 00:24:06,920 --> 00:24:09,920 and knew that I'd be the one calling the shots. 428 00:24:10,000 --> 00:24:13,840 And Peter said, "You know what? I know a guy, he's great." 429 00:24:14,920 --> 00:24:16,280 Lindsay Smallbone. 430 00:24:16,360 --> 00:24:17,400 [suspenseful music playing] 431 00:24:19,400 --> 00:24:21,880 [af Klintberg] Lindsay Smallbone was from New Zealand, 432 00:24:21,960 --> 00:24:23,760 but he lived in London. 433 00:24:23,840 --> 00:24:27,680 He moved in high society circles, alongside Lord Moyne. 434 00:24:28,320 --> 00:24:31,400 He lived an extravagant life and had accumulated debts. 435 00:24:31,480 --> 00:24:34,920 So the Trustor job offer came at an opportune time. 436 00:24:35,520 --> 00:24:38,440 And so Team Moyne was ready. 437 00:24:41,280 --> 00:24:44,320 [Posener] From prison, the best people I could recruit 438 00:24:44,400 --> 00:24:47,520 were the party boys Jisander and Mattsson. 439 00:24:49,800 --> 00:24:50,920 And those… 440 00:24:52,360 --> 00:24:56,480 well, amateurs, Lord Moyne and Lindsay Smallbone. 441 00:24:56,560 --> 00:24:57,960 It was kind of an amateur move, 442 00:24:58,040 --> 00:25:01,400 but back then, you couldn't just look people up online, on Google. 443 00:25:01,480 --> 00:25:02,600 That didn't exist. 444 00:25:04,760 --> 00:25:07,920 I chose wrong, it turned out. 445 00:25:09,400 --> 00:25:10,760 [camera flash whirrs] 446 00:25:11,280 --> 00:25:13,800 I should've chosen anyone but Lindsay Smallbone. 447 00:25:15,280 --> 00:25:17,480 He was the one who ruined everything. 448 00:25:19,880 --> 00:25:21,840 To me, they were just front men. 449 00:25:22,360 --> 00:25:26,880 And to afford them and all the other costs from the acquisition, 450 00:25:26,960 --> 00:25:29,360 I borrowed money from the underworld. 451 00:25:30,160 --> 00:25:34,640 Hardened criminals that I'd met in prison in Norrtälje. 452 00:25:34,720 --> 00:25:37,680 'Cause I couldn't borrow from anyone else. 453 00:25:37,760 --> 00:25:39,280 [ominous music playing] 454 00:25:39,360 --> 00:25:45,440 I offered them a return of 20 million if they'd lend me one million. 455 00:25:47,320 --> 00:25:50,160 And you don't play games with those people. 456 00:25:51,640 --> 00:25:56,320 They would kill you. So failure was not an option. 457 00:26:03,360 --> 00:26:05,080 [crossing alarm ticking] 458 00:26:05,160 --> 00:26:09,680 [af Klintberg] In the spring of 1997, another person was brought onto the team. 459 00:26:09,760 --> 00:26:12,000 But the interview process was rather informal, 460 00:26:12,080 --> 00:26:15,360 with Richard Djursén being recruited at the gym. 461 00:26:15,440 --> 00:26:18,880 I met Thomas Jisander, um, in front of a mirror at the gym. 462 00:26:18,960 --> 00:26:21,200 [energetic electronic music playing] 463 00:26:25,240 --> 00:26:27,720 [Jisander] I must have been doing a couple bicep curls. 464 00:26:27,800 --> 00:26:30,480 [Djursén] We were standing there, talking to ourselves in the mirror. 465 00:26:30,560 --> 00:26:33,240 [Jisander] Another dude was talking to himself in front of the mirror. 466 00:26:33,320 --> 00:26:36,920 He was looking at his biceps. "Look at these guns," that's what he said. 467 00:26:40,160 --> 00:26:43,400 [Djursén] After a while, we decided to talk to each other instead. 468 00:26:46,000 --> 00:26:47,240 And we became friends. 469 00:26:53,040 --> 00:26:57,880 Thomas said he had something in the works and that I could be part of it. 470 00:26:59,040 --> 00:27:01,040 I was dying to change jobs. 471 00:27:01,120 --> 00:27:03,240 I wanted to get into finance. 472 00:27:03,320 --> 00:27:06,360 And this allowed me to make that career move. 473 00:27:08,200 --> 00:27:11,800 Since I was a kid, I dreamed about buying a house. 474 00:27:11,880 --> 00:27:13,760 My own house. Um… 475 00:27:13,840 --> 00:27:17,360 So that's what's driven me my entire life, is the will to build a house. 476 00:27:17,440 --> 00:27:20,440 I wasn't driven by money, I just wanted a house. 477 00:27:20,520 --> 00:27:22,880 And I've worked very hard to achieve that. 478 00:27:22,960 --> 00:27:26,880 You can tell I have an inferiority complex by the size of my house. 479 00:27:29,640 --> 00:27:32,960 I was raised by a single mother who cleaned hotel rooms. 480 00:27:33,040 --> 00:27:35,760 She worked hard, but we never had any money. 481 00:27:36,280 --> 00:27:40,320 Uh, so when I met other kids who got bikes and mopeds and… you know, 482 00:27:40,400 --> 00:27:41,920 I never got anything. 483 00:27:42,000 --> 00:27:44,520 And it wasn't because my… my mother was stingy, 484 00:27:44,600 --> 00:27:46,400 she simply couldn't afford it. 485 00:27:46,480 --> 00:27:50,080 And later on, I was placed in a foster home. 486 00:27:51,360 --> 00:27:56,440 The napkins won't match perfectly this time, but it'll… it'll do the job. 487 00:27:59,240 --> 00:28:03,200 At Trustor, my role was to serve as vice president 488 00:28:03,280 --> 00:28:04,840 and head of office 489 00:28:06,040 --> 00:28:07,760 at the office in Stockholm. 490 00:28:09,760 --> 00:28:13,480 In the spring, I knew nothing of Joachim Posener. 491 00:28:13,560 --> 00:28:17,240 I later found out he had been involved in financial fraud, 492 00:28:17,320 --> 00:28:19,880 but I wasn't aware of that back then. 493 00:28:19,960 --> 00:28:21,200 [Posener] Ahem. 494 00:28:22,040 --> 00:28:25,200 All of my front men knew everything. 495 00:28:25,280 --> 00:28:26,520 Hmm. 496 00:28:29,600 --> 00:28:32,200 Who I was, that I was Joachim Posener. 497 00:28:32,280 --> 00:28:35,200 They knew that I was the one buying Trustor. 498 00:28:36,760 --> 00:28:42,960 If you think that everyone in the group knew everything, you're wrong. We didn't. 499 00:28:43,040 --> 00:28:47,200 [Posener] Djursén and Jisander both knew there was no money. 500 00:28:47,280 --> 00:28:50,400 At the time, none of us knew the company was being acquired 501 00:28:50,480 --> 00:28:51,880 using its own money. 502 00:28:52,400 --> 00:28:56,160 [Posener] They knew I bought the company using its own money. 503 00:28:56,240 --> 00:28:58,160 [suspenseful music playing] 504 00:28:58,240 --> 00:29:01,200 Once again, everyone knew everything. 505 00:29:02,680 --> 00:29:05,840 But it all leads back to me. 506 00:29:07,600 --> 00:29:09,520 Because I'm the one who did it. 507 00:29:13,640 --> 00:29:15,760 [af Klintberg] You now want to show your face. 508 00:29:15,840 --> 00:29:17,640 Can you tell us why now? 509 00:29:21,160 --> 00:29:23,960 [Posener] I realized it's time to be fully honest. 510 00:29:24,680 --> 00:29:26,200 I own what I've done. 511 00:29:27,280 --> 00:29:30,920 I'll show my face now, but then I'll disappear again. 512 00:29:31,480 --> 00:29:33,480 [somber music playing] 513 00:30:06,360 --> 00:30:08,320 The plan was perfect. 514 00:30:09,720 --> 00:30:12,120 But some things are just out of your control. 515 00:30:18,880 --> 00:30:20,960 [af Klintberg] Joachim Posener stays in the background 516 00:30:21,040 --> 00:30:25,600 as the negotiations with Trustor begin in the spring of 1997. 517 00:30:27,560 --> 00:30:30,760 I got very good at managing my assistants remotely, 518 00:30:30,840 --> 00:30:32,200 like running a… 519 00:30:33,600 --> 00:30:34,760 puppet show. 520 00:30:36,000 --> 00:30:39,320 I called Thomas and told him what to say, 521 00:30:40,200 --> 00:30:42,080 and he did great. 522 00:30:43,160 --> 00:30:46,200 He was obedient, a quick learner, and easy to control. 523 00:30:46,280 --> 00:30:49,120 Thomas's job was to be my assistant. 524 00:30:50,000 --> 00:30:52,200 [Jisander] I mean, I wasn't just a mouthpiece. 525 00:30:52,280 --> 00:30:55,840 Lots of small decisions had to be made on the fly. 526 00:30:56,760 --> 00:30:59,320 [Posener] I got calls daily from my gangster friends, 527 00:30:59,400 --> 00:31:01,440 demanding I pay them back immediately, 528 00:31:01,520 --> 00:31:04,880 so I needed to close this deal as soon as possible. 529 00:31:05,480 --> 00:31:06,960 [suspenseful music playing] 530 00:31:07,760 --> 00:31:09,480 [af Klintberg] But how will Joachim Posener 531 00:31:09,560 --> 00:31:13,920 convince Trustor's founder and owner, Per-Olov Norberg, to sell? 532 00:31:15,360 --> 00:31:19,080 Trustor was an investment firm that didn't produce anything itself, 533 00:31:19,160 --> 00:31:21,640 but bought and sold other companies. 534 00:31:21,720 --> 00:31:25,680 And at the time, its portfolio held several valuable assets. 535 00:31:25,760 --> 00:31:27,720 COMPANY 1 - 2 - 3 - 4 - 5 536 00:31:27,800 --> 00:31:31,760 [Posener] The owner Norberg had undervalued these assets for a long time. 537 00:31:32,360 --> 00:31:35,360 He was willing to sell on one condition, 538 00:31:35,960 --> 00:31:37,440 that he could buy them back. 539 00:31:37,520 --> 00:31:41,600 The rest of the financial world turned him down, but that suited me perfectly. 540 00:31:45,280 --> 00:31:47,200 Of course I would give him what he wanted, 541 00:31:48,760 --> 00:31:50,920 if he gave me what I wanted. 542 00:31:54,080 --> 00:31:56,640 He would have the option to buy back Trustor's assets. 543 00:31:56,720 --> 00:32:00,200 And with that sale, I would bring cash into the company. 544 00:32:00,880 --> 00:32:02,400 I didn't have any money. 545 00:32:06,560 --> 00:32:10,560 [af Klintberg] Joachim Posener only needed to buy 17% of the shares 546 00:32:10,640 --> 00:32:12,720 to take control of Trustor. 547 00:32:13,240 --> 00:32:15,640 These were high-voting A-shares, 548 00:32:15,720 --> 00:32:19,160 and by acquiring them, he would gain a majority in the company 549 00:32:19,240 --> 00:32:21,920 and have access to its cash reserves. 550 00:32:24,560 --> 00:32:26,520 [Posener] I needed a short-term loan. 551 00:32:27,040 --> 00:32:31,600 The price tag for the Trustor shares was a quarter of a billion kronor. 552 00:32:31,680 --> 00:32:35,040 If I could borrow that amount for a single day, 553 00:32:35,120 --> 00:32:39,600 I could pay for the shares, take control of the cash reserves, 554 00:32:39,680 --> 00:32:42,800 and then immediately pay back the loan. 555 00:32:44,200 --> 00:32:47,200 Twenty-four hours was all I needed. 556 00:32:48,920 --> 00:32:51,360 [Jisander] Joachim asked me to find a financier. 557 00:32:51,960 --> 00:32:55,840 I managed to bring in a billionaire who was willing to provide a loan. 558 00:32:56,880 --> 00:33:01,160 That's essentially bridge financing, and it's perfectly legal. 559 00:33:01,760 --> 00:33:05,040 [Posener] The loan was secured, but a legal obstacle emerged. 560 00:33:05,120 --> 00:33:07,000 A majority shareholder or board member 561 00:33:07,080 --> 00:33:10,160 cannot purchase the company's own assets. 562 00:33:10,240 --> 00:33:14,760 I resolved this by getting Norberg to resign before the deal. 563 00:33:15,480 --> 00:33:17,800 That gave me an unexpected advantage. 564 00:33:17,880 --> 00:33:20,880 I suddenly had a five-day extension on the payment, 565 00:33:21,400 --> 00:33:24,360 and no longer needed the loan from Thomas's billionaire. 566 00:33:26,520 --> 00:33:28,680 [Jisander] After all this, Joachim told me 567 00:33:28,760 --> 00:33:32,440 that the financier I had found was no longer needed. 568 00:33:32,520 --> 00:33:35,080 Joachim had come up with another solution. 569 00:33:35,800 --> 00:33:37,800 [suspenseful music playing] 570 00:33:39,320 --> 00:33:41,120 [af Klintberg] Joachim Posener had put together 571 00:33:41,200 --> 00:33:44,600 a massive "buy now, pay later" deal. 572 00:33:44,680 --> 00:33:47,440 But that created two major problems. 573 00:33:47,520 --> 00:33:52,200 The purchase price of 240 million left a hole in Trustor's cashflow 574 00:33:52,280 --> 00:33:54,840 that, sooner or later, would need to be covered. 575 00:33:54,920 --> 00:34:00,160 And buying a company using its own money is illegal. 576 00:34:04,440 --> 00:34:05,640 [Posener] Everything was ready. 577 00:34:06,360 --> 00:34:09,400 All that was missing was Lord Moyne's signature on the paper. 578 00:34:09,920 --> 00:34:13,200 That's when I realized I had a big decision to make. 579 00:34:16,360 --> 00:34:20,280 I wasn't able to find a way to make the acquisition legal. 580 00:34:20,840 --> 00:34:22,760 I knew that, but I did it anyway. 581 00:34:23,920 --> 00:34:24,960 It was a gamble. 582 00:34:26,760 --> 00:34:28,480 [af Klintberg] This is where we're different, 583 00:34:28,560 --> 00:34:31,000 because I wouldn't have made that choice. 584 00:34:31,080 --> 00:34:33,440 Every instinct told me this would work. 585 00:34:35,000 --> 00:34:36,480 [helicopter engine whirring] 586 00:34:37,760 --> 00:34:41,040 JUNE 12, 1997 587 00:34:41,120 --> 00:34:43,120 [urgent, suspenseful music playing] 588 00:34:47,160 --> 00:34:50,440 [Posener] I wasn't in the room when the deal with Norberg was signed. 589 00:34:51,840 --> 00:34:56,800 But I had meticulously planned out the meeting beforehand. 590 00:34:56,880 --> 00:34:59,480 Everyone knew what their job was and did it. 591 00:35:00,920 --> 00:35:05,720 [Jisander] The deal was signed at the office of Erik Penser Corporate Finance. 592 00:35:05,800 --> 00:35:08,640 They had gathered Per-Olov Norberg as the seller, 593 00:35:08,720 --> 00:35:10,280 Lord Moyne as the buyer. 594 00:35:10,360 --> 00:35:11,960 I was there as a consultant. 595 00:35:12,040 --> 00:35:13,440 Peter Mattsson was there, 596 00:35:13,520 --> 00:35:17,480 and Erik Penser himself, along with three of his staff members. 597 00:35:17,560 --> 00:35:21,960 [Posener] I sat in my room waiting for a call to say that it was done. 598 00:35:22,560 --> 00:35:28,960 I didn't have the slightest idea that anything was wrong with the deal. 599 00:35:29,480 --> 00:35:31,680 It was sanctioned at every level. 600 00:35:32,520 --> 00:35:34,200 And finally, the call came. 601 00:35:34,280 --> 00:35:35,320 [phone rings] 602 00:35:35,400 --> 00:35:36,840 [Posener] It was Thomas. 603 00:35:37,440 --> 00:35:38,680 "It's done, Jocke!" 604 00:35:39,880 --> 00:35:42,760 [Jisander] When the agreement was finally signed, 605 00:35:42,840 --> 00:35:46,000 it was a fantastic moment for everyone. 606 00:35:46,080 --> 00:35:48,320 It was a massive accomplishment. 607 00:35:48,400 --> 00:35:51,680 We actually pulled it off. It was a done deal. 608 00:35:51,760 --> 00:35:54,600 "Yes, well… it's champagne o'clock!" 609 00:35:54,680 --> 00:35:57,760 [Posener] Finally, after four years, the deal had come together. 610 00:35:57,840 --> 00:36:00,960 And then it was just… "Wow! I'm back." 611 00:36:02,120 --> 00:36:03,840 There we go. 612 00:36:15,720 --> 00:36:19,760 [af Klintberg] Team Moyne now had full access to Trustor's cash reserves. 613 00:36:20,880 --> 00:36:22,600 But they weren't finished yet. 614 00:36:23,120 --> 00:36:26,280 They still needed to arrange the payments for the loan. 615 00:36:26,360 --> 00:36:28,760 And they had five days to do it. 616 00:36:29,400 --> 00:36:34,320 Posener sent the group to a bank in London to open several new accounts. 617 00:36:38,400 --> 00:36:39,880 This is where it happened. 618 00:36:44,200 --> 00:36:46,800 [Posener] The same day they walked in there, 619 00:36:47,960 --> 00:36:50,680 Richard Djursén walked into a bank in Stockholm. 620 00:36:51,200 --> 00:36:56,720 [Djursén] I was 35 years old, and got to be part of a 620 million transaction. 621 00:36:57,560 --> 00:37:01,080 I thought I'd finally made it in the finance industry. 622 00:37:01,160 --> 00:37:02,760 That's where I wanted to be. 623 00:37:02,840 --> 00:37:04,640 -[birdsong] -[suspenseful music playing] 624 00:37:04,720 --> 00:37:07,480 [af Klintberg] Richard Djursén transferred Trustor's money from Sweden 625 00:37:07,560 --> 00:37:10,600 to Trustor's newly opened account in England. 626 00:37:10,680 --> 00:37:14,440 There, the money passed through Thomas Jisander's account 627 00:37:14,520 --> 00:37:18,640 before being sent on to Lord Moyne, who paid the former owner. 628 00:37:19,480 --> 00:37:22,600 So it looked as though the payment was coming from the lord. 629 00:37:24,320 --> 00:37:29,800 What made it illegal was when I told Thomas 630 00:37:29,880 --> 00:37:33,920 to send money from Trustor's account to his own account, 631 00:37:34,520 --> 00:37:36,440 and then on to Lord Moyne, 632 00:37:36,520 --> 00:37:40,520 and then that Norberg was paid with the company's own money. 633 00:37:41,560 --> 00:37:42,560 Ahem. 634 00:37:43,280 --> 00:37:45,680 I wasn't that involved in that. 635 00:37:45,760 --> 00:37:49,400 Joachim claimed to have financing in place. 636 00:37:49,480 --> 00:37:53,480 I was instructed to open an agent account at Barclays Bank, 637 00:37:53,560 --> 00:37:57,320 to receive money from the financier in question. 638 00:37:57,840 --> 00:37:59,880 Who that was, I didn't know. 639 00:37:59,960 --> 00:38:02,840 [af Klintberg] But at that point, you knew you had no financiers? 640 00:38:04,080 --> 00:38:05,480 How would I have known that? 641 00:38:05,560 --> 00:38:07,560 [af Klintberg] Surely you talked to each other? 642 00:38:07,640 --> 00:38:10,040 The money came from the financier. 643 00:38:10,120 --> 00:38:11,560 That was how I saw it. 644 00:38:11,640 --> 00:38:15,240 I forwarded it to Lord Moyne, who paid Per-Olov Norberg. 645 00:38:15,320 --> 00:38:18,240 Very straightforward deal. End of story. 646 00:38:19,160 --> 00:38:22,000 The deal was done. Trustor was mine. 647 00:38:22,800 --> 00:38:24,800 [poignant music playing] 648 00:38:28,520 --> 00:38:33,080 [Posener] I was sitting on a plane, and I was looking around. 649 00:38:33,160 --> 00:38:36,120 Everything was good in my life. I owned Trustor. 650 00:38:36,760 --> 00:38:39,920 And I thought, "Nobody knows it… 651 00:38:43,480 --> 00:38:46,840 …but I'm the richest and most powerful person on this plane." 652 00:39:05,800 --> 00:39:10,840 Trustor's cash reserves were filled to the brim. Nearly a billion. 653 00:39:11,720 --> 00:39:14,880 If I'd just wanted to take the money and run, 654 00:39:14,960 --> 00:39:17,080 that would have been the moment to do it. 655 00:39:18,400 --> 00:39:19,840 But I had other ambitions. 656 00:39:21,120 --> 00:39:23,680 I wanted to build a corporate empire. 657 00:39:28,000 --> 00:39:29,480 [af Klintberg] Posener decided London 658 00:39:29,560 --> 00:39:32,440 would be the site for this corporate empire. 659 00:39:32,520 --> 00:39:35,280 He had figured out that, as long as he was living abroad, 660 00:39:36,240 --> 00:39:39,480 he could avoid the probation service's supervision. 661 00:39:41,880 --> 00:39:46,320 To get established, Team Moyne enlisted the help of a local operator. 662 00:39:47,000 --> 00:39:50,600 Ah, lunchtime, I have a gin and dry martini. 663 00:39:50,680 --> 00:39:52,960 A little bit of gin… 664 00:39:53,560 --> 00:39:55,600 Evening, whisky. 665 00:39:56,120 --> 00:39:58,520 That's been my habit for about 50 years. 666 00:39:58,600 --> 00:40:01,080 Just a spot. Skol! 667 00:40:02,760 --> 00:40:05,560 [af Klintberg] The first task was to find an office. 668 00:40:06,320 --> 00:40:12,160 "We need the best office it is possible to have in London." 669 00:40:12,680 --> 00:40:15,040 "With helicopter pad, if possible." 670 00:40:15,120 --> 00:40:18,480 I'm thinking, "Who are these people?" 671 00:40:19,280 --> 00:40:20,800 Endless money. 672 00:40:23,080 --> 00:40:24,840 [Posener] This is where our office was. 673 00:40:25,920 --> 00:40:26,960 It was 674 00:40:27,840 --> 00:40:30,880 the place to be in London at that time. 675 00:40:31,760 --> 00:40:35,040 My office was that one, at the top, 676 00:40:35,120 --> 00:40:36,840 It had its own terrace. 677 00:40:37,480 --> 00:40:40,000 [laughs] We fought over that office. 678 00:40:41,120 --> 00:40:43,400 Everyone wanted it, but I won. 679 00:40:44,600 --> 00:40:49,000 There was always, to me, a little bit of an aura of mystery. 680 00:40:49,720 --> 00:40:55,480 There was one room in particular I remember had to have treble walls. 681 00:40:56,000 --> 00:40:59,680 [Posener] From there, I would be able to listen to the meeting 682 00:40:59,760 --> 00:41:02,120 going on in the room next door, 683 00:41:02,200 --> 00:41:04,560 directing Thomas over the phone, 684 00:41:04,640 --> 00:41:07,400 so he would say what I wanted him to say. 685 00:41:08,080 --> 00:41:12,240 I asked Michael Wynne-Parker to help furnish the office. 686 00:41:12,320 --> 00:41:13,960 It had to be luxurious. 687 00:41:14,040 --> 00:41:18,000 It had to be "investment banking." It had to be… top class. 688 00:41:18,080 --> 00:41:22,320 And money was no object, so I set off. 689 00:41:22,400 --> 00:41:24,880 ["Still a Part of Me" by The Minits playing] 690 00:41:33,080 --> 00:41:36,600 [Posener] For me, it was important that things looked right. 691 00:41:37,120 --> 00:41:41,720 I knew that would open new doors and create opportunities. 692 00:41:41,800 --> 00:41:47,320 And then we discovered Napoleon's desk in Harrods. 693 00:41:47,400 --> 00:41:49,320 [Jisander] It was expensive as hell. 694 00:41:49,400 --> 00:41:51,960 Apparently, it once stood at the Palace of Versailles. 695 00:41:52,040 --> 00:41:55,080 It was a really nice desk. I wonder what happened to it. 696 00:41:55,680 --> 00:41:56,880 Poor Napoleon. 697 00:42:03,480 --> 00:42:05,960 [af Klintberg] Everyone on Team Moyne took fees for their work. 698 00:42:06,040 --> 00:42:07,360 SUMMARY OF TRUSTOR FUNDS DISBURSED 699 00:42:07,440 --> 00:42:09,000 That was not illegal in itself, 700 00:42:09,880 --> 00:42:12,240 but the amounts were unusually high. 701 00:42:12,320 --> 00:42:15,040 Large sums were channeled through accounts in Gibraltar, 702 00:42:15,120 --> 00:42:17,320 Lichtenstein, and Switzerland, 703 00:42:17,400 --> 00:42:20,240 and also to girlfriends and family members. 704 00:42:21,840 --> 00:42:23,920 Before the summer half-year report, 705 00:42:24,000 --> 00:42:26,800 Team Moyne had to show that no money was missing. 706 00:42:27,360 --> 00:42:29,760 The solution was a one-day loan. 707 00:42:29,840 --> 00:42:32,560 Window dressing from a bank in Luxembourg. 708 00:42:33,720 --> 00:42:38,480 From the outside, it all seemed to be going very well. 709 00:42:38,560 --> 00:42:39,800 ["Still a Part of Me" resumes] 710 00:42:39,880 --> 00:42:41,440 ♪ Still a part of me ♪ 711 00:42:42,320 --> 00:42:44,600 ♪I can't break free ♪ 712 00:42:44,680 --> 00:42:46,880 ♪ Still a part of me ♪ 713 00:42:47,480 --> 00:42:49,400 ♪ I can't break free… ♪ 714 00:42:50,720 --> 00:42:53,520 [af Klintberg] After the deal, they lived lavishly in London. 715 00:42:53,600 --> 00:42:54,920 Very lavishly. 716 00:42:55,000 --> 00:42:56,920 Joachim Posener was staying at a hotel. 717 00:42:57,840 --> 00:43:01,200 Thomas Jisander and Peter Mattsson furnished a shared apartment. 718 00:43:01,280 --> 00:43:03,920 ♪ I believe you're still a part of me… ♪ 719 00:43:04,000 --> 00:43:07,480 [Jisander] It was a fantastic penthouse with a wraparound terrace, 720 00:43:07,560 --> 00:43:10,720 with views over all of London and Hyde Park, 721 00:43:10,800 --> 00:43:14,040 with huge reception rooms and golden faucets. 722 00:43:15,080 --> 00:43:18,960 My bedroom was entirely Versace. I was fully into the Versace thing. 723 00:43:19,040 --> 00:43:23,640 Versace bedspreads, Versace pillows, Versace dressing gowns. Everything. 724 00:43:24,080 --> 00:43:25,680 A fantastic apartment. 725 00:43:25,760 --> 00:43:27,600 ♪ Tell me, do I deserve… ♪ 726 00:43:28,120 --> 00:43:30,120 [Posener] We went our separate ways for the summer. 727 00:43:30,200 --> 00:43:32,200 We took a break until fall. 728 00:43:32,760 --> 00:43:34,360 Then we'd get to work. 729 00:43:35,800 --> 00:43:38,280 I told Thomas to keep a low profile. 730 00:43:38,800 --> 00:43:40,320 [laughing and whooping] 731 00:43:40,400 --> 00:43:42,040 -[woman] Whoo! -[Jisander] Whoa! 732 00:43:42,120 --> 00:43:43,560 [woman] Whoo! 733 00:43:43,640 --> 00:43:45,720 -[laughter] -[Jisander] Ohh! 734 00:43:45,800 --> 00:43:48,080 Celebrating should be fun, not boring. 735 00:43:48,160 --> 00:43:51,400 And how do you have the most fun? By doing whatever you want. 736 00:43:53,440 --> 00:43:56,720 We're now walking on Pampelonne Beach, 737 00:43:57,320 --> 00:43:59,320 27 years later. 738 00:43:59,400 --> 00:44:03,360 It's still a little exciting to "walk the plank" again. 739 00:44:04,600 --> 00:44:08,040 It's kind of fun. A little nerve-wracking, but exciting at the same time. 740 00:44:08,760 --> 00:44:14,040 We're now approaching the very beach where we partied after the fantastic deal. 741 00:44:14,120 --> 00:44:17,520 The bar was here, from somewhere over there… to here. 742 00:44:17,600 --> 00:44:21,440 We did a great job. I was well paid for my efforts. 743 00:44:21,520 --> 00:44:23,880 Money well earned, I'd say. 744 00:44:24,560 --> 00:44:27,600 The bar was huge. We have to celebrate that. 745 00:44:27,680 --> 00:44:29,400 [Mattsson] Whoo-hoo! 746 00:44:30,000 --> 00:44:32,320 [Jisander] Only proper way to do that is with a yacht. 747 00:44:32,400 --> 00:44:34,320 "Peter, wake up! Time to pop the cork." 748 00:44:34,400 --> 00:44:37,760 We boarded that boat in late June, if I remember right. 749 00:44:37,840 --> 00:44:40,200 We had it for nearly two months. 750 00:44:42,760 --> 00:44:45,480 The boat was equipped with a helicopter pad. 751 00:44:45,560 --> 00:44:49,560 It wasn't meant for flying 200 yards from the boat to the beach. 752 00:44:49,640 --> 00:44:52,440 But that was exactly why it was so fun to do it. 753 00:44:53,240 --> 00:44:57,040 We kept thinking we had to raise the bar. "What are we gonna do this time?" 754 00:44:57,120 --> 00:45:01,440 So I started dressing up to keep things interesting. 755 00:45:01,520 --> 00:45:05,560 I put on a bra, high heels, and those big Elton John glasses, 756 00:45:05,640 --> 00:45:11,240 and danced all over the boat while blasting Star Wars music. 757 00:45:13,240 --> 00:45:15,520 -This is the spot we flew in from. -[helicopter hovering] 758 00:45:15,600 --> 00:45:18,200 To there. Maybe 500 yards? 759 00:45:18,280 --> 00:45:20,160 Waah! Up in the air. 760 00:45:20,240 --> 00:45:23,520 The only place we could land was on the roof of the bar. 761 00:45:24,760 --> 00:45:27,920 The bar at Voile Rouge was made out of concrete. 762 00:45:28,000 --> 00:45:30,280 Four pillars and a very sturdy roof. 763 00:45:30,360 --> 00:45:32,400 That's where we landed with the helicopter. 764 00:45:32,480 --> 00:45:35,880 But we didn't consider how strong the rotor blades were. 765 00:45:35,960 --> 00:45:37,640 Pah-pah-pah-pah-pah-pah-pah! 766 00:45:37,720 --> 00:45:42,400 We landed on the roof and were going to make a fantastic entrance, 767 00:45:42,480 --> 00:45:44,000 but it blew everything away. 768 00:45:44,080 --> 00:45:45,840 People were sitting there eating lunch. 769 00:45:45,920 --> 00:45:47,760 Everyone started running. 770 00:45:47,840 --> 00:45:49,120 Uh… [laughs] 771 00:45:49,200 --> 00:45:53,280 Everything was flying around. People, food in their faces, bolognese… 772 00:45:54,280 --> 00:45:56,680 Salmon, shrimp, you name it, 773 00:45:56,760 --> 00:45:59,880 all of it was all over everyone's faces. 774 00:45:59,960 --> 00:46:03,120 It looked like a war zone. I thought, "What the hell do we do now?" 775 00:46:03,200 --> 00:46:05,040 I came out of the helicopter riding high, 776 00:46:05,120 --> 00:46:08,000 but those people looked like they were going to kill us. 777 00:46:08,520 --> 00:46:12,360 To make up for the damage, I decided to order champagne. 778 00:46:12,440 --> 00:46:14,320 I ordered everything they had. 779 00:46:14,400 --> 00:46:17,160 "What do you mean, everything?" "Everything!" 780 00:46:17,240 --> 00:46:19,240 [techno music playing] 781 00:46:22,160 --> 00:46:24,720 [Posener] The money was burning a hole in his pocket. 782 00:46:24,800 --> 00:46:26,040 [bar guests cheering] 783 00:46:26,120 --> 00:46:27,320 [Posener] It was crazy. 784 00:46:32,520 --> 00:46:35,320 [Jisander] It must have been one of the best summers 785 00:46:35,400 --> 00:46:39,800 for everyone who was on that beach at Voile Rouge in July 1997. 786 00:46:40,480 --> 00:46:44,400 That bill came to 408 bottles of Cristal. 787 00:46:47,440 --> 00:46:49,480 Pffffffffft! 788 00:46:51,480 --> 00:46:54,760 [af Klintberg] Meanwhile in Sweden, at the much quieter Stockholm office, 789 00:46:54,840 --> 00:46:58,520 vice president Richard Djursén was trying to hold things together. 790 00:47:00,240 --> 00:47:02,520 [Djursén] I worked through the summer. 791 00:47:02,600 --> 00:47:04,520 I was given a lot of strange tasks. 792 00:47:05,600 --> 00:47:08,200 They could be anything and everything. 793 00:47:08,280 --> 00:47:10,040 A lot of it was rather boring, though. 794 00:47:10,640 --> 00:47:12,360 I changed the locks on doors. 795 00:47:12,440 --> 00:47:14,000 I bought a new fax machine. 796 00:47:14,080 --> 00:47:17,120 Flight tickets arrived for people that had nothing to do with Trustor. 797 00:47:17,200 --> 00:47:18,040 TO DO 798 00:47:18,120 --> 00:47:19,720 I ran a lot of personal errands for them. 799 00:47:19,800 --> 00:47:20,640 UNPAID BILLS 800 00:47:20,720 --> 00:47:24,200 Thomas had an apartment in Vasastan, not far from there. 801 00:47:24,280 --> 00:47:27,440 I went there to collect his mail and pay his bills. 802 00:47:27,520 --> 00:47:29,080 With his money, of course. 803 00:47:33,760 --> 00:47:35,080 It's starting to rain. 804 00:47:35,800 --> 00:47:38,040 I need to get these out of the rain, 805 00:47:38,720 --> 00:47:41,880 because of all the pollen in the air right now. 806 00:47:42,560 --> 00:47:44,640 But it's more of a hygiene issue. 807 00:47:44,720 --> 00:47:46,000 I think it makes sense. 808 00:47:46,760 --> 00:47:48,600 Good exercise, too, 809 00:47:49,320 --> 00:47:52,280 Running… back and forth. 810 00:47:52,360 --> 00:47:54,440 You don't have to do this in Marbella. 811 00:47:54,520 --> 00:47:57,640 Okay, I think that's it. It's really coming down now. 812 00:47:59,280 --> 00:48:00,560 For God's sake… 813 00:48:01,440 --> 00:48:04,560 That summer, I got a call from Richard Djursén. 814 00:48:05,160 --> 00:48:08,720 He was hysterical. "Jocke, Jocke, you have to do something about this." 815 00:48:08,800 --> 00:48:10,160 "It's gonna be a disaster." 816 00:48:10,240 --> 00:48:15,120 He explained that Thomas had ended up in Paris Match magazine 817 00:48:15,200 --> 00:48:18,160 with his champagne parties. 818 00:48:18,240 --> 00:48:19,360 So I called him. 819 00:48:19,440 --> 00:48:20,680 [techno music playing] 820 00:48:20,760 --> 00:48:23,080 [Posener] But there was no stopping Thomas. 821 00:48:23,160 --> 00:48:25,120 [chatter and laughter] 822 00:48:25,200 --> 00:48:28,960 [af Klintberg] You couldn't accuse them of being boring out on the French Riviera. 823 00:48:29,560 --> 00:48:32,520 Thomas Jisander was given the nickname "Mr. No Limit". 824 00:48:32,600 --> 00:48:34,680 A BILLIONAIRE SCREAMED TO 15 GIRLS, "HELP YOURSEVES!" 825 00:48:34,760 --> 00:48:38,120 Peter Mattsson and Thomas Jisander each bought a Ferrari on a whim. 826 00:48:38,600 --> 00:48:43,440 [Jisander] One blue, a Ferrari F355, and an identical red one. 827 00:48:43,520 --> 00:48:46,600 They were around one million francs. 828 00:48:46,680 --> 00:48:50,160 We paid in cash, got in the cars and drove off. 829 00:48:53,480 --> 00:48:55,120 I never saw that car again. 830 00:48:56,480 --> 00:48:58,960 -I had that Ferrari for 15 minutes. -[engine revving] 831 00:48:59,040 --> 00:49:01,760 [Jisander] I don't know where it ended up. I left it somewhere. 832 00:49:01,840 --> 00:49:04,000 So much happened that summer. 833 00:49:04,720 --> 00:49:06,280 We had one car left. 834 00:49:06,800 --> 00:49:12,120 So we decided to drive down together to the Versace store in Saint-Tropez. 835 00:49:12,880 --> 00:49:16,280 I was horrified when they told me afterwards. 836 00:49:16,360 --> 00:49:19,120 It was the exact opposite of what you should do 837 00:49:19,200 --> 00:49:22,200 if you've just bought a company with its own money. 838 00:49:22,720 --> 00:49:24,640 You don't want any unnecessary attention. 839 00:49:24,720 --> 00:49:27,480 We had this unsaid competition going the whole time. 840 00:49:27,560 --> 00:49:30,480 The one who has most toys when he dies wins, more or less. 841 00:49:30,560 --> 00:49:32,680 I would never in my wildest imagination 842 00:49:32,760 --> 00:49:36,200 have thought that anyone could be so reckless. 843 00:49:36,280 --> 00:49:38,280 But I had underestimated Thomas. 844 00:49:38,880 --> 00:49:42,720 [Jisander] In 1997, that summer, the Versace store was here. 845 00:49:42,800 --> 00:49:45,640 We rolled up from over here. [whistles] 846 00:49:45,720 --> 00:49:47,520 -That's where I stopped. -[tires squeal] 847 00:49:47,600 --> 00:49:48,640 Brr-brr-brr! 848 00:49:48,720 --> 00:49:51,720 I dropped Peter off, and he's getting out, he says, 849 00:49:51,800 --> 00:49:56,280 "There won't be a single thing left in the store by the time you come in." 850 00:49:56,360 --> 00:49:59,080 Pfft! He walked straight into the store. 851 00:49:59,160 --> 00:50:00,640 We'd had a few drinks. 852 00:50:00,720 --> 00:50:03,560 "There will be nothing left for you at all." 853 00:50:03,640 --> 00:50:08,120 He bought everything in every size. That set me off. 854 00:50:08,200 --> 00:50:10,320 "How do I top this?" 855 00:50:10,400 --> 00:50:13,480 So I told them that I wanted the rest. 856 00:50:13,560 --> 00:50:15,080 "But there's nothing left, sir." 857 00:50:15,160 --> 00:50:18,160 "I'll take the checkout counter, the cash register, 858 00:50:18,240 --> 00:50:21,960 the changing room doors, drapes, curtains and light fixtures." 859 00:50:22,040 --> 00:50:24,680 -"Unscrew everything, the whole store." -[screwdriver whirrs] 860 00:50:24,760 --> 00:50:28,560 Electrical wires were hanging everywhere. It was completely gutted. 861 00:50:28,640 --> 00:50:31,360 Like a grenade had been thrown into the place. 862 00:50:31,440 --> 00:50:34,440 Then the owner took a screwdriver… 863 00:50:34,520 --> 00:50:38,680 There was a Medusa here, cut in half, so you could open the door like this. 864 00:50:38,760 --> 00:50:41,840 It was really beautiful. So he unscrewed the handles. 865 00:50:41,920 --> 00:50:43,920 That was the last thing that happened. 866 00:50:44,000 --> 00:50:46,600 Not a single thing left. Cleaned out. 867 00:50:48,200 --> 00:50:52,960 [af Klintberg] So, how much did you spend in total, summer of 1997? 868 00:50:53,040 --> 00:50:56,000 Oh, I don't know. I could do a rough estimate. 869 00:50:56,080 --> 00:51:01,680 The boat cost three, four million a week, plus fuel and that sort of thing. 870 00:51:01,760 --> 00:51:03,080 Um… 871 00:51:03,600 --> 00:51:06,080 We had it for eight weeks, so… 872 00:51:06,680 --> 00:51:08,800 Uh, 50 million, maybe? 873 00:51:09,440 --> 00:51:10,920 Something like that. 40. 874 00:51:14,360 --> 00:51:15,600 [af Klintberg] Was it worth it? 875 00:51:15,680 --> 00:51:16,760 Yes it was. 876 00:51:19,600 --> 00:51:22,720 [af Klintberg] How much were you paid in total from Trustor? 877 00:51:22,800 --> 00:51:23,960 I don't know the exact figure. 878 00:51:24,040 --> 00:51:26,400 I'm so old now, I can't remember the numbers. 879 00:51:29,520 --> 00:51:30,960 [Björnsson] If these guys hadn't been 880 00:51:31,040 --> 00:51:34,520 gallivanting around the French Riviera like fools, 881 00:51:34,600 --> 00:51:37,160 they probably would have got away with it. 882 00:51:38,320 --> 00:51:41,360 [af Klintberg] This is financial veteran Björn Björnsson. 883 00:51:41,440 --> 00:51:43,720 He's been called the Terminator of the business world. 884 00:51:43,800 --> 00:51:44,800 FINANCIER 885 00:51:44,880 --> 00:51:46,800 The industry's own sheriff. 886 00:51:47,320 --> 00:51:50,640 I think they all wanted this. Money, money, money. 887 00:51:50,720 --> 00:51:53,720 But here's the problem, money talks. 888 00:51:54,440 --> 00:51:57,040 Well, it might make you look the other way. 889 00:51:58,440 --> 00:52:03,280 [af Klintberg] Björn Björnsson ended up taking on more roles than anyone expected. 890 00:52:03,880 --> 00:52:06,120 His first role was as a board member of Trustor 891 00:52:06,200 --> 00:52:08,440 when the actual purchase was made. 892 00:52:09,600 --> 00:52:13,960 When Lord Moyne stood as owner of the A-shares in Trustor, 893 00:52:14,040 --> 00:52:16,720 I assumed they'd been paid for. 894 00:52:17,800 --> 00:52:20,320 But that evidently wasn't the case. 895 00:52:21,720 --> 00:52:26,320 You can't take 241 million without it being noticed. 896 00:52:26,400 --> 00:52:28,760 Sooner or later, you get caught. 897 00:52:29,280 --> 00:52:32,160 There had to be more to the plan. 898 00:52:32,680 --> 00:52:34,320 A master plan. 899 00:52:36,920 --> 00:52:38,920 [solemn music playing] 900 00:52:39,560 --> 00:52:41,320 [Posener] My long-term plan 901 00:52:41,840 --> 00:52:44,640 was to build up and own a corporate empire. 902 00:52:44,720 --> 00:52:49,040 I was going to accomplish that with a classic pyramid owner structure. 903 00:52:50,240 --> 00:52:53,480 One company that owns another company that owns a third. 904 00:52:54,000 --> 00:52:56,960 If the first company was Trustor at one billion, 905 00:52:57,040 --> 00:52:59,720 and the second company was worth five billion, 906 00:52:59,800 --> 00:53:01,640 then the third could be worth ten billion. 907 00:53:03,320 --> 00:53:05,680 After acquiring Trustor, 908 00:53:06,200 --> 00:53:08,880 I used its money to make my next acquisition. 909 00:53:08,960 --> 00:53:09,960 THE SPORTS DIVISION WILSON 910 00:53:10,040 --> 00:53:13,320 [Posener] First, I tried Wilson, the international sports brand. 911 00:53:13,400 --> 00:53:17,880 But the money came four days too late, so the deal fell through. 912 00:53:18,400 --> 00:53:23,480 That's how close I was to getting the next company in place in my pyramid. 913 00:53:27,560 --> 00:53:29,560 [helicopter engine whirring] 914 00:53:30,600 --> 00:53:32,640 [af Klintberg] Team Moyne would acquire new companies 915 00:53:32,720 --> 00:53:34,560 and sell off Trustor's assets. 916 00:53:36,120 --> 00:53:39,680 [Posener] When we got back to the office in London after the summer, 917 00:53:39,760 --> 00:53:42,440 everything was completely different. 918 00:53:42,960 --> 00:53:44,120 [Jisander] Business as usual. 919 00:53:44,200 --> 00:53:48,160 It was time to dust ourselves off and wash the suits. 920 00:53:48,240 --> 00:53:51,840 We had to get back to work and start looking for new deals. 921 00:53:52,440 --> 00:53:55,040 From my apartment in London to the office, 922 00:53:55,120 --> 00:53:59,640 I traveled every morning by private chauffeur, in two cars. 923 00:53:59,720 --> 00:54:01,080 I rode in the front one, 924 00:54:01,160 --> 00:54:04,360 and my briefcase traveled in the one behind me. 925 00:54:05,720 --> 00:54:10,160 And when it came to showing up to work on time, I wasn't overly concerned. 926 00:54:11,880 --> 00:54:14,640 [Posener] Thomas arrived on Tuesday and went home on Thursday. 927 00:54:14,720 --> 00:54:16,520 We argued that entire time. 928 00:54:16,600 --> 00:54:19,280 Thomas had been my loyal henchman, 929 00:54:20,040 --> 00:54:23,040 he had done everything for me, and it was perfect. 930 00:54:23,680 --> 00:54:26,480 Then he… lost his mind. 931 00:54:26,560 --> 00:54:28,520 He sided with Peter Mattsson. 932 00:54:28,600 --> 00:54:30,800 Suddenly, it was Thomas and Peter who were a team, 933 00:54:30,880 --> 00:54:32,480 when it used to be Thomas and me. 934 00:54:32,560 --> 00:54:34,440 And I could tell that I was starting to lose him. 935 00:54:34,520 --> 00:54:37,040 My focus was on finding a solution 936 00:54:37,120 --> 00:54:39,520 that would make my ownership of Trustor legal. 937 00:54:40,120 --> 00:54:43,200 Annual accounts were due on December 31st. 938 00:54:43,280 --> 00:54:46,120 It was September. I had four months. 939 00:54:47,000 --> 00:54:51,600 So I needed to keep Thomas somewhat in check. [chuckles] 940 00:54:52,920 --> 00:54:55,000 [Jisander] I think he was jealous 941 00:54:55,080 --> 00:54:58,000 that he was not living it up in high society like I was. 942 00:54:58,080 --> 00:54:59,920 He wanted to do what I was doing. 943 00:55:00,000 --> 00:55:02,080 If I said A, he said B, 944 00:55:02,160 --> 00:55:04,960 just to make a point that he also was important. 945 00:55:06,880 --> 00:55:09,520 My entire control of Trustor depended 946 00:55:09,600 --> 00:55:13,040 on Thomas being between me and the rest of the world. 947 00:55:13,120 --> 00:55:16,560 I had entrusted him with being the one who held the money. 948 00:55:16,640 --> 00:55:19,760 The money sat in his account, not mine. 949 00:55:19,840 --> 00:55:21,640 He suddenly had the power. 950 00:55:22,720 --> 00:55:27,320 Eventually, we just started shouting at each other like children 951 00:55:27,400 --> 00:55:28,600 in front of everyone. 952 00:55:28,680 --> 00:55:31,640 So we had to start putting everything to a vote. 953 00:55:32,160 --> 00:55:37,080 Lord Moyne and Lindsay Smallbone sat on the board. I had no role at all. 954 00:55:38,400 --> 00:55:42,720 Then Thomas and Peter were busy trying to 955 00:55:43,240 --> 00:55:46,200 stop a journalist who had turned up. 956 00:55:46,280 --> 00:55:47,800 I didn't think much of that at all. 957 00:55:47,880 --> 00:55:50,160 It was just someone who wanted to ask a few questions. 958 00:55:50,240 --> 00:55:52,320 That's fairly normal after a large deal. 959 00:55:55,040 --> 00:55:56,880 [Lindstedt] It was basically a coincidence. 960 00:55:56,960 --> 00:55:58,920 I was very new at Svenska Dagbladet. 961 00:55:59,000 --> 00:56:01,440 I was given various assignments. 962 00:56:01,520 --> 00:56:03,840 Lord Moyne had just bought Trustor. 963 00:56:03,920 --> 00:56:06,480 We came up with the idea of doing an interview with him 964 00:56:06,560 --> 00:56:08,840 and trying to profile him. 965 00:56:08,920 --> 00:56:10,640 So I got started. 966 00:56:10,720 --> 00:56:12,720 [suspenseful music playing] 967 00:56:14,120 --> 00:56:18,240 But when I called Trustor the next day, he wasn't there. 968 00:56:18,320 --> 00:56:20,760 I got put in touch with Richard Djursén, 969 00:56:21,280 --> 00:56:24,440 who promised to… set something up for me. 970 00:56:24,520 --> 00:56:26,200 [Djursén] I called Team Moyne, 971 00:56:26,280 --> 00:56:30,320 and they came up with one reason after another 972 00:56:30,400 --> 00:56:33,440 to postpone the interview again and again. 973 00:56:33,520 --> 00:56:36,320 The journalist was irritated, to put it mildly. 974 00:56:36,400 --> 00:56:40,120 At that time, it didn't occur to me that it could be a fraud. 975 00:56:40,200 --> 00:56:42,000 I just wanted insight. 976 00:56:42,080 --> 00:56:45,280 The more he discovered, the more curious he became. 977 00:56:45,360 --> 00:56:49,280 Over time, I started to feel that something wasn't right. 978 00:56:49,880 --> 00:56:52,400 I had doubts about whether Lord Moyne had any money. 979 00:56:52,480 --> 00:56:56,320 And whether he really was the prominent businessman of the Guinness family 980 00:56:56,400 --> 00:56:58,680 that he had made himself out to be, 981 00:56:58,760 --> 00:57:01,880 but rather the black sheep of the Guinness family. 982 00:57:02,400 --> 00:57:06,240 In my research, I had also learned about Peter Mattsson's involvement 983 00:57:06,320 --> 00:57:11,120 in a company that had swindled wealthy Englishmen out of their fortunes. 984 00:57:11,200 --> 00:57:13,280 Lindsay Smallbone had also run companies 985 00:57:13,360 --> 00:57:15,640 and then taken money for his own personal use, 986 00:57:15,720 --> 00:57:17,440 and things like that. 987 00:57:18,680 --> 00:57:20,480 A band of thieves, basically. 988 00:57:20,560 --> 00:57:22,480 I had no idea about any of this. 989 00:57:22,560 --> 00:57:25,160 Their skeletons came tumbling out of the closet, 990 00:57:25,240 --> 00:57:29,360 all the things they had concealed from me in order to be part of the deal. 991 00:57:29,960 --> 00:57:32,640 The irony is that if they had given me an interview 992 00:57:32,720 --> 00:57:35,040 the next day when I first called, 993 00:57:35,560 --> 00:57:37,840 there would never have been any Trustor affair. 994 00:57:37,920 --> 00:57:39,880 At least, not because of me. 995 00:57:45,000 --> 00:57:48,560 [af Klintberg] Coincidences really can affect the chain of events. 996 00:57:48,640 --> 00:57:52,520 At the same time as the investigative journalist started digging into the deal, 997 00:57:52,600 --> 00:57:55,800 a British private investigator received a new assignment. 998 00:57:57,040 --> 00:58:00,080 For the last maybe 35 years or so, I've been a fraud investigator. 999 00:58:00,160 --> 00:58:01,080 PRIVATE INVESTIGATOR 1000 00:58:01,160 --> 00:58:02,560 It's not rocket science. 1001 00:58:02,640 --> 00:58:04,840 It's like cooking. Anyone can do it. 1002 00:58:07,080 --> 00:58:08,960 [af Klintberg] His assignment was to dig up dirt 1003 00:58:09,040 --> 00:58:11,360 on one of the parties in a legal dispute. 1004 00:58:12,200 --> 00:58:14,840 And that person happened to be… 1005 00:58:14,920 --> 00:58:18,960 Lindsay Smallbone, Trustor's new CEO. 1006 00:58:20,680 --> 00:58:23,720 The client said, "I want to look into Lindsay Smallbone, 1007 00:58:23,800 --> 00:58:25,600 because I have a bone to pick with him." 1008 00:58:25,680 --> 00:58:27,800 "I'd like you to see who he really is, 1009 00:58:27,880 --> 00:58:30,360 because I think he's a cheat and a crook and all that". 1010 00:58:30,440 --> 00:58:33,880 So we did the background search on Lindsay Smallbone, 1011 00:58:33,960 --> 00:58:39,320 and found out that Lindsay was a director of a company in Sweden called Trustor AB. 1012 00:58:39,840 --> 00:58:44,360 "So let's see what this company he's a managing director of is." 1013 00:58:45,200 --> 00:58:47,520 I'm flicking through this file of Trustor. 1014 00:58:48,040 --> 00:58:51,720 There was something just didn't seem right in that paperwork. 1015 00:58:52,280 --> 00:58:56,760 It looked like the payment was going to the original owner, Norberg, afterwards. 1016 00:58:56,840 --> 00:58:59,480 And I thought, "Hang on a second." 1017 00:59:00,000 --> 00:59:01,440 "That doesn't make sense." 1018 00:59:01,520 --> 00:59:05,760 "Because you shouldn't be in control of the company, and then pay the person." 1019 00:59:05,840 --> 00:59:07,680 "Something's wrong with this company." 1020 00:59:07,760 --> 00:59:09,200 "Something's really wrong." 1021 00:59:09,280 --> 00:59:11,280 [suspenseful music playing] 1022 00:59:12,240 --> 00:59:15,160 [af Klintberg] The walls are closing in from every direction. 1023 00:59:15,240 --> 00:59:17,320 An investigative journalist, 1024 00:59:17,400 --> 00:59:20,360 and on another front, a private investigator, 1025 00:59:20,880 --> 00:59:23,440 and on top of that, the police. 1026 00:59:24,760 --> 00:59:26,920 Because, on the same day the private investigator 1027 00:59:27,000 --> 00:59:29,720 stumbled across the information about Trustor, 1028 00:59:30,240 --> 00:59:32,160 he had a meeting with the financial crimes unit 1029 00:59:32,240 --> 00:59:34,320 on a completely different matter. 1030 00:59:34,400 --> 00:59:37,920 It was Friday, October 17th, 1997. 1031 00:59:38,000 --> 00:59:39,560 FORMER HEAD OF THE FINANCIAL CRIMES UNIT 1032 00:59:39,640 --> 00:59:43,720 Well, the meeting to see Jochum Söderström was nothing to do with Trustor. 1033 00:59:43,800 --> 00:59:46,040 That's really important. I just had it on my mind. 1034 00:59:47,400 --> 00:59:50,160 [af Klintberg] That day, an overly long phone call 1035 00:59:50,240 --> 00:59:54,600 would accidentally cause one of Sweden's largest police investigations. 1036 00:59:55,720 --> 00:59:58,080 [Krishna Iyer] I arrived a bit early, but Jochum, I could see, 1037 00:59:58,160 --> 01:00:00,520 in… in one… one office was on the telephone. 1038 01:00:01,120 --> 01:00:02,840 I directed him to my colleague. 1039 01:00:02,920 --> 01:00:05,200 Nigel went over there, they started talking, 1040 01:00:05,280 --> 01:00:07,240 and I continued my call. 1041 01:00:07,320 --> 01:00:11,240 So I was being shown this paperwork, very privileged to see what they… 1042 01:00:11,320 --> 01:00:12,920 what they're gathering intelligence on. 1043 01:00:13,000 --> 01:00:15,680 And I just said, "This is small stuff." 1044 01:00:16,560 --> 01:00:20,920 "Big stuff is actually already happening, but it's happening in open space, 1045 01:00:21,000 --> 01:00:22,160 being on the stock exchange." 1046 01:00:22,240 --> 01:00:25,280 [Söderström] From my desk, I can see that they're getting worked up. 1047 01:00:25,880 --> 01:00:29,440 At that moment, Jochum had already finished his phone call. 1048 01:00:29,520 --> 01:00:33,320 He came and stood there, and went, "Nigel, which company are you talking about?" 1049 01:00:33,400 --> 01:00:36,760 He was able to tell me it was the investment company Trustor. 1050 01:00:36,840 --> 01:00:41,680 Everything happened between about 12:30 and 6:00 in the afternoon. 1051 01:00:41,760 --> 01:00:43,400 We're talking about six hours. 1052 01:00:44,240 --> 01:00:45,240 And then I was out. 1053 01:00:45,320 --> 01:00:48,440 It was a sheer coincidence that we learned about this whole thing. 1054 01:00:49,360 --> 01:00:53,640 This became the starting gun for us to launch the intelligence work, 1055 01:00:53,720 --> 01:00:56,800 and to work towards a preliminary investigation. 1056 01:00:58,960 --> 01:01:01,600 Nigel also told us there was a journalist 1057 01:01:01,680 --> 01:01:04,520 who had already been in contact with them. 1058 01:01:05,200 --> 01:01:08,680 So I decided we should call him in to see what he knew. 1059 01:01:08,760 --> 01:01:11,520 So we made a deal. "I give you information, 1060 01:01:11,600 --> 01:01:13,920 and you give me information." 1061 01:01:14,760 --> 01:01:16,760 [tense music playing] 1062 01:01:19,720 --> 01:01:22,200 I knew a very damning newspaper article 1063 01:01:22,280 --> 01:01:25,080 was going to come out at the end of October. 1064 01:01:26,520 --> 01:01:31,000 But I didn't know the police had started an investigation. 1065 01:01:31,800 --> 01:01:34,920 At the time, I had already booked a trip 1066 01:01:35,000 --> 01:01:37,680 with my daughter and my girlfriend. 1067 01:01:37,760 --> 01:01:41,400 It was the first time my daughter and I would be able to go somewhere together. 1068 01:01:42,000 --> 01:01:45,600 Because I'd been in prison, I'd missed four of her five years. 1069 01:01:45,680 --> 01:01:48,240 Those important years of changing diapers 1070 01:01:48,320 --> 01:01:51,400 and being there to comfort her when she needed it. 1071 01:01:51,480 --> 01:01:54,560 This was our chance to get a fresh start. 1072 01:01:56,080 --> 01:02:00,680 So I decided to go anyway. We went to Barbados for a week. 1073 01:02:02,720 --> 01:02:04,920 [dramatic music playing] 1074 01:02:06,840 --> 01:02:09,520 It was important to work quickly. 1075 01:02:10,040 --> 01:02:13,400 We had to focus on what happened and who did what. 1076 01:02:15,320 --> 01:02:17,360 It didn't take long until we discovered 1077 01:02:17,440 --> 01:02:20,080 that Lord Moyne was flat broke. 1078 01:02:21,040 --> 01:02:22,520 At the same time, 1079 01:02:22,600 --> 01:02:26,880 we looked into the Swedes, Peter Mattsson and Thomas Jisander. 1080 01:02:26,960 --> 01:02:29,880 Did they perhaps have any credit cards? 1081 01:02:29,960 --> 01:02:31,320 Yes, indeed they did. 1082 01:02:32,080 --> 01:02:36,040 A massive amount of money had been spent in Saint-Tropez, 1083 01:02:36,120 --> 01:02:38,080 buying cases of champagne, 1084 01:02:38,160 --> 01:02:39,600 renting helicopters, 1085 01:02:39,680 --> 01:02:41,080 renting a boat. 1086 01:02:41,160 --> 01:02:43,600 They were really living it up out there. 1087 01:02:44,120 --> 01:02:47,040 We knew we were onto something here. 1088 01:02:47,840 --> 01:02:50,800 We contacted the central bank of Sweden 1089 01:02:50,880 --> 01:02:54,040 to see whether any more money had gone abroad. 1090 01:02:54,560 --> 01:02:57,920 We had discovered that over 600 million 1091 01:02:58,440 --> 01:03:00,800 had been paid out to a mysterious account 1092 01:03:00,880 --> 01:03:03,240 at the Barclays Bank in London. 1093 01:03:03,320 --> 01:03:08,280 They also told us that the account balance was almost zeroed out. 1094 01:03:09,040 --> 01:03:11,240 We realized this was serious. 1095 01:03:14,800 --> 01:03:16,680 [af Klintberg] Police, as well as the journalist, 1096 01:03:16,760 --> 01:03:19,560 found out that all members of Team Moyne were abroad. 1097 01:03:19,640 --> 01:03:21,320 The plan was uncovered. 1098 01:03:27,280 --> 01:03:31,160 [Lindstedt] There was a lot of back and forth before the article was published. 1099 01:03:31,600 --> 01:03:32,440 [sighs] 1100 01:03:32,520 --> 01:03:34,400 Were the facts correct? 1101 01:03:34,480 --> 01:03:37,200 We had to double check everything and be absolutely sure. 1102 01:03:37,280 --> 01:03:39,280 [suspenseful music playing] 1103 01:03:40,040 --> 01:03:42,920 [Djursén] Then Gunnar Lindstedt published his article. 1104 01:03:45,720 --> 01:03:47,040 And that was it. 1105 01:03:47,560 --> 01:03:51,000 THE POLICE INVESTIGATE TRUSTOR DEALS 1106 01:03:51,080 --> 01:03:53,320 POWER STRUGGLE INSTIGATED LORD 1107 01:03:53,400 --> 01:03:56,320 PEOPLE INVOLVED IN THE TRUSTOR PLOT 1108 01:03:56,400 --> 01:03:58,880 Team Moyne began to panic in London. 1109 01:03:58,960 --> 01:04:03,440 They were demanding answers to lots of questions that I can't even remember. 1110 01:04:03,520 --> 01:04:05,000 We went back and forth. 1111 01:04:05,080 --> 01:04:07,440 I was asked to look into this, deny that. 1112 01:04:07,520 --> 01:04:08,400 All sorts of stuff. 1113 01:04:09,680 --> 01:04:11,960 [Söderström] We went to the Trustor offices. 1114 01:04:12,040 --> 01:04:13,840 Richard Djursén was there. 1115 01:04:15,280 --> 01:04:17,800 We sat down to talk to Djursén. 1116 01:04:17,880 --> 01:04:21,000 After a while, he just broke down completely. 1117 01:04:21,920 --> 01:04:25,960 We needed to find the person who was in charge of this deal. 1118 01:04:27,920 --> 01:04:31,280 Three people were part of the lord's entourage. 1119 01:04:31,360 --> 01:04:33,320 Peter Mattsson, Thomas Jisander, 1120 01:04:33,400 --> 01:04:36,120 and then there was Joe Falk. 1121 01:04:36,640 --> 01:04:38,320 We knew nothing about him. 1122 01:04:38,920 --> 01:04:42,320 [Lindstedt] According to my sources, this was a key character. 1123 01:04:43,200 --> 01:04:44,880 Who is Joe Falk? 1124 01:04:44,960 --> 01:04:46,960 [intriguing music playing] 1125 01:04:48,400 --> 01:04:51,280 [Söderström] He clearly held a prominent position. 1126 01:04:54,240 --> 01:04:56,000 Who was Joe Falk? 1127 01:04:57,440 --> 01:04:58,560 EUROCARD - ADDITIONAL ORDER 1128 01:04:58,640 --> 01:05:01,240 [Söderström]That evening, Richard Djursén calls me 1129 01:05:01,320 --> 01:05:05,520 and tells us, "Check out Thomas Jisander's cousin." 1130 01:05:07,280 --> 01:05:09,360 We checked the criminal records. 1131 01:05:10,520 --> 01:05:13,600 And who did we find? Joe Falk. 1132 01:05:14,440 --> 01:05:18,000 His real name was Joachim Posener. 1133 01:05:26,400 --> 01:05:28,880 [Posener] As I prepared for the Trustor deal, 1134 01:05:28,960 --> 01:05:31,280 I sometimes used made-up names, 1135 01:05:31,960 --> 01:05:34,560 such as Joakim Rolfsson, 1136 01:05:34,640 --> 01:05:37,960 uh, Ralph Jobe, and Joe Falk. 1137 01:05:38,680 --> 01:05:43,320 I didn't want anyone to associate the name Joachim Posener with Trustor. 1138 01:05:48,120 --> 01:05:50,160 While I'm in Barbados, 1139 01:05:50,840 --> 01:05:52,760 my life falls apart. 1140 01:05:53,640 --> 01:05:57,880 I remember I was having lunch on a sun deck by the pool. 1141 01:05:57,960 --> 01:06:00,360 -[phone ringing] -A waiter approaches. 1142 01:06:00,440 --> 01:06:03,240 "Mr. Posener, there's a call for you." 1143 01:06:03,320 --> 01:06:07,560 He points at a telephone there. It was back when we had those, on the wall. 1144 01:06:07,640 --> 01:06:11,320 I expected bad news, but… nothing like that. 1145 01:06:11,400 --> 01:06:13,560 I pick up the receiver. 1146 01:06:13,640 --> 01:06:15,720 -And Thomas is on the line saying… -Hello? 1147 01:06:15,800 --> 01:06:19,120 [Posener] "Jocke, listen carefully." 1148 01:06:19,200 --> 01:06:20,600 [static crackling] 1149 01:06:20,680 --> 01:06:22,400 "The police raided us." 1150 01:06:25,720 --> 01:06:30,200 "They've launched a preliminary investigation. What's that?" I asked. 1151 01:06:30,280 --> 01:06:32,520 He said, "Well, it's not good." 1152 01:06:32,600 --> 01:06:34,040 [chuckles] 1153 01:06:35,320 --> 01:06:37,040 No, it was not. 1154 01:06:39,160 --> 01:06:41,280 I realized it was over right away. 1155 01:06:41,880 --> 01:06:44,360 We had to act quickly, since there was a risk 1156 01:06:44,440 --> 01:06:47,960 that the money might disappear once they realized what was happening. 1157 01:06:48,040 --> 01:06:51,080 Time was up. The police were banging on the door. 1158 01:06:51,160 --> 01:06:52,920 They were already inside. 1159 01:06:53,960 --> 01:06:55,120 [alarm blaring] 1160 01:06:55,200 --> 01:06:59,200 [Posener] And one image in my head. The high-security prison in Norrtälje. 1161 01:07:00,320 --> 01:07:03,600 I had a video camera. And, uh… 1162 01:07:04,320 --> 01:07:09,000 My girlfriend was filming me at the world's most amazing restaurant. 1163 01:07:09,080 --> 01:07:12,120 My daughter said something to me and I answered her, 1164 01:07:12,200 --> 01:07:13,920 but we talked past each other. 1165 01:07:14,000 --> 01:07:17,280 I was just not there. It was over. 1166 01:07:19,120 --> 01:07:20,360 Ahem. 1167 01:07:22,720 --> 01:07:25,760 At this point, a lot of things were happening at once. 1168 01:07:25,840 --> 01:07:28,480 So, I left Barbados on October 31st. 1169 01:07:28,960 --> 01:07:32,800 That same day, the Svenska Dagbladet published their article 1170 01:07:32,880 --> 01:07:34,440 and the police raided Trustor. 1171 01:07:35,240 --> 01:07:39,920 Thomas was waiting for me at Heathrow Airport when we arrived from Barbados. 1172 01:07:40,000 --> 01:07:42,680 I sent my girlfriend and daughter back to Sweden. 1173 01:07:42,760 --> 01:07:44,760 My girlfriend was supposed to sort out a few things 1174 01:07:44,840 --> 01:07:46,160 and then come back and join me. 1175 01:07:46,240 --> 01:07:49,720 One of those things was to go to Thomas's place, 1176 01:07:49,800 --> 01:07:51,600 where I had left a few things, 1177 01:07:53,120 --> 01:07:54,480 and get rid of them. 1178 01:07:55,920 --> 01:07:58,120 She succeeded… partly. 1179 01:07:58,720 --> 01:08:00,640 She left a notebook behind. 1180 01:08:04,000 --> 01:08:06,880 [af Klintberg] So when the police searched Thomas Jisander's home, 1181 01:08:06,960 --> 01:08:12,120 they found several pieces of information that linked Joachim Posener to the deal. 1182 01:08:14,800 --> 01:08:19,880 In Jisander's apartment, we found documents and plans for the crime. 1183 01:08:20,440 --> 01:08:21,800 HOW HE PLANNED TO TAKE OVER TRUSTOR 1184 01:08:21,880 --> 01:08:27,000 [Söderström] It also confirmed that Joachim Posener was the mastermind. 1185 01:08:29,560 --> 01:08:32,160 [Posener] When it became known that over 400 million was missing 1186 01:08:32,240 --> 01:08:33,840 from Trustor's accounts… 1187 01:08:35,920 --> 01:08:37,960 Thomas knew a few people in Geneva. 1188 01:08:38,040 --> 01:08:41,720 "They've got a solution, Jocke." And off we went. 1189 01:08:43,160 --> 01:08:45,920 Thomas had arranged a meeting 1190 01:08:46,000 --> 01:08:48,480 with the Mafia's bankers. 1191 01:08:49,000 --> 01:08:52,520 Both were called Ricardo, and they were both Italians. 1192 01:08:53,040 --> 01:08:55,160 They had bodyguards with them. 1193 01:08:55,240 --> 01:09:00,640 I realized straightaway that they were involved in organized crime in Italy. 1194 01:09:02,240 --> 01:09:06,120 I was under the impression that they would present a solution 1195 01:09:06,200 --> 01:09:08,080 that would help me keep Trustor. 1196 01:09:08,160 --> 01:09:12,240 But their solution was that they would buy Trustor and take over Trustor. 1197 01:09:12,320 --> 01:09:14,120 No, we didn't meet them. 1198 01:09:15,560 --> 01:09:19,160 There was no meeting with Joachim and R1 and R2. 1199 01:09:19,240 --> 01:09:20,640 No, no. 1200 01:09:21,360 --> 01:09:23,280 I don't think he's ever met them. 1201 01:09:24,360 --> 01:09:27,880 Thomas was in a state of panic. 1202 01:09:27,960 --> 01:09:29,040 Well, we all were. 1203 01:09:30,080 --> 01:09:31,880 In his state of panic, 1204 01:09:32,640 --> 01:09:34,880 he wanted to pass the hot potato to them, 1205 01:09:34,960 --> 01:09:38,600 and cover that 400 million shortfall. 1206 01:09:38,680 --> 01:09:40,440 I don't recall that. 1207 01:09:41,080 --> 01:09:42,440 Uh… 1208 01:09:42,520 --> 01:09:43,360 No. 1209 01:09:43,440 --> 01:09:45,960 He thought he could bring a bank statement to Sweden, 1210 01:09:46,040 --> 01:09:49,440 and show them that the 400 million was still there. 1211 01:09:49,520 --> 01:09:53,240 And that Ricardo and Ricardo were the new owners of Trustor. 1212 01:09:53,320 --> 01:09:55,720 They wanted to pick the company clean. 1213 01:09:55,800 --> 01:09:57,440 I didn't want that. 1214 01:09:58,040 --> 01:10:01,880 Because I realized that I'd be held accountable for that too. 1215 01:10:02,400 --> 01:10:04,960 So I declined right there and then, and we left. 1216 01:10:05,760 --> 01:10:08,080 That was the last time I saw Thomas. 1217 01:10:09,480 --> 01:10:11,120 [solemn music playing] 1218 01:10:13,680 --> 01:10:16,600 [Posener] I was only interested in owning the company. 1219 01:10:16,680 --> 01:10:19,120 But, since the police were involved, 1220 01:10:19,200 --> 01:10:20,800 I knew that that ship had sailed. 1221 01:10:20,880 --> 01:10:22,320 It was not going to happen. 1222 01:10:22,920 --> 01:10:24,440 That's when I left Trustor. 1223 01:10:24,520 --> 01:10:27,920 When I left Geneva, I was done with it. 1224 01:10:28,000 --> 01:10:30,040 [ship's horn blares] 1225 01:10:31,560 --> 01:10:33,680 [Posener] I had split my share of the Trustor deal 1226 01:10:33,760 --> 01:10:35,560 across three different bank accounts. 1227 01:10:35,640 --> 01:10:37,360 One of them was in Israel. 1228 01:10:38,160 --> 01:10:40,040 I was concerned that my accounts would be frozen 1229 01:10:40,120 --> 01:10:41,680 and the funds confiscated. 1230 01:10:41,760 --> 01:10:45,320 I thought I'd withdraw the cash, hide it, and then I'd return home. 1231 01:10:48,080 --> 01:10:50,640 I went to an internet café and followed the news. 1232 01:10:51,960 --> 01:10:54,160 My picture wasn't on the news yet. 1233 01:10:54,840 --> 01:10:57,400 I called a few trusted friends at home. 1234 01:10:57,920 --> 01:10:59,680 But I didn't contact my family. 1235 01:11:00,280 --> 01:11:02,440 I realized they'd be under police surveillance. 1236 01:11:03,040 --> 01:11:04,560 Became really paranoid. 1237 01:11:07,280 --> 01:11:10,080 [af Klintberg] Since everyone on Team Moyne was abroad, 1238 01:11:10,600 --> 01:11:15,120 the police had to focus their efforts on the few people they could find in Sweden. 1239 01:11:17,160 --> 01:11:21,560 For me, it all clicked into place over the All Saints' weekend that year. 1240 01:11:21,640 --> 01:11:24,680 My wife and I were driving down to Skåne 1241 01:11:24,760 --> 01:11:27,880 with a trailer carrying random things. 1242 01:11:28,400 --> 01:11:32,280 Hmm, bikes and a lawnmower, things for the summer house. 1243 01:11:32,360 --> 01:11:33,240 [phone rings] 1244 01:11:33,320 --> 01:11:34,760 And then the phone rang. 1245 01:11:35,280 --> 01:11:37,440 I was a little more irritable than usual. 1246 01:11:37,520 --> 01:11:39,160 I answered, "Hello?" 1247 01:11:39,240 --> 01:11:40,480 [on phone] "Is this Björnsson?" 1248 01:11:40,560 --> 01:11:43,440 "Of course it is," I said. "Who the hell else would it be?" 1249 01:11:43,520 --> 01:11:45,400 [on phone] "This is the Federal Crime Police." 1250 01:11:45,480 --> 01:11:48,000 -I did a U-turn. -[tires squeal] 1251 01:11:48,080 --> 01:11:50,000 I started driving back and they said… 1252 01:11:50,080 --> 01:11:53,040 [on phone] "We'd like to hold an interview with you this evening." 1253 01:11:54,280 --> 01:11:57,760 "Okay," I said, "I'll be there as fast as I can," and then I hung up. 1254 01:11:58,760 --> 01:12:01,800 I drove as fast as I could from Österlen to Stockholm. 1255 01:12:01,880 --> 01:12:05,560 And when I got there, I was cross-examined for three hours. 1256 01:12:05,640 --> 01:12:07,240 I was a suspect initially. 1257 01:12:07,320 --> 01:12:09,680 I was furious, to be honest with you. 1258 01:12:10,720 --> 01:12:13,080 This always gives me a hard time. 1259 01:12:13,600 --> 01:12:17,080 [af Klintberg] The police also spoke to vice president Richard Djursén. 1260 01:12:17,600 --> 01:12:22,160 It was a few hours before I was set to go on my honeymoon to Mauritius. 1261 01:12:22,800 --> 01:12:25,920 Uh, I had spoken to the police and everything seemed fine. 1262 01:12:26,000 --> 01:12:27,360 They let me go to Mauritius. 1263 01:12:27,440 --> 01:12:29,240 It was not a fun vacation. 1264 01:12:29,320 --> 01:12:32,600 All the journalists kept calling me, since no one else was picking up the phone. 1265 01:12:32,680 --> 01:12:36,160 [Djursén on phone] From what I understand, Lindsay Smallbone will be explaining, 1266 01:12:36,240 --> 01:12:38,360 uh, later today, 1267 01:12:38,440 --> 01:12:40,680 how the funds have been invested, 1268 01:12:40,760 --> 01:12:43,520 what's happened with the money that is… 1269 01:12:43,600 --> 01:12:47,080 or rather, the money that is not at Barclays Bank. 1270 01:12:47,680 --> 01:12:49,400 [chuckling] 1271 01:12:50,080 --> 01:12:53,520 Oh! In hindsight, it was a disastrous vacation. 1272 01:12:53,600 --> 01:12:57,240 I was only ever the vice president in name only. 1273 01:12:57,760 --> 01:13:00,360 [on phone] That was just a title that I've been given. 1274 01:13:00,440 --> 01:13:04,720 In the day to day, I was more of an errand boy, I would say. 1275 01:13:04,800 --> 01:13:07,480 Djursén just couldn't keep his mouth shut. 1276 01:13:07,560 --> 01:13:08,680 He just kept yapping. 1277 01:13:08,760 --> 01:13:12,600 Had Lindsay Smallbone and Lord Moyne been a bit more crafty, 1278 01:13:12,680 --> 01:13:16,720 they could have easily accessed the account themselves to rectify things. 1279 01:13:16,800 --> 01:13:21,040 There was no stopping him. He kept creating new problems. 1280 01:13:21,120 --> 01:13:24,960 I've been dragged into something that really has nothing to do with me. 1281 01:13:25,040 --> 01:13:29,280 It went so far that some of my friends called and said, 1282 01:13:29,360 --> 01:13:31,120 "Don't talk to journalists." 1283 01:13:31,200 --> 01:13:34,840 "It's obvious that you've been drinking and you're on live TV." 1284 01:13:34,920 --> 01:13:37,040 [woman] So who appointed you? 1285 01:13:38,560 --> 01:13:39,480 [Djursén] Uh… 1286 01:13:40,360 --> 01:13:43,800 Well, officially, I suppose it was the, uh… 1287 01:13:45,600 --> 01:13:48,360 uh, the board, I think? 1288 01:13:49,280 --> 01:13:50,360 Disaster. 1289 01:13:51,040 --> 01:13:52,440 We're still married, so that's good. 1290 01:13:52,520 --> 01:13:54,080 Whoo-hoo! 1291 01:13:56,760 --> 01:13:57,920 [Posener] I was in Israel, 1292 01:13:58,000 --> 01:14:00,000 and just watching this story grow bigger. 1293 01:14:00,080 --> 01:14:01,680 THE BRAINS BEHIND THE COUP 1294 01:14:01,760 --> 01:14:03,920 And bigger. And bigger. 1295 01:14:04,000 --> 01:14:05,960 HUNTED FOR THE MILLION KRONOR COUP 1296 01:14:06,040 --> 01:14:07,440 And I was on every front page. 1297 01:14:07,520 --> 01:14:08,600 POLICE INVESTIGATE COMPANIES 1298 01:14:08,680 --> 01:14:09,640 HUNT FOR POSENER 1299 01:14:09,720 --> 01:14:12,560 The collapse was amazing. 1300 01:14:14,200 --> 01:14:18,360 I mean, page after page of the British press. 1301 01:14:19,200 --> 01:14:22,160 I mean, everything stopped, so quickly. 1302 01:14:24,800 --> 01:14:27,680 One day, it was business. 1303 01:14:27,760 --> 01:14:30,360 Next day, finito. 1304 01:14:32,480 --> 01:14:35,040 [af Klintberg] A week after the affair came to light, 1305 01:14:35,120 --> 01:14:37,560 Thomas Jisander and Peter Mattsson left the Riviera 1306 01:14:37,640 --> 01:14:39,720 and returned to Sweden. 1307 01:14:40,640 --> 01:14:43,520 The two of them had intended to face the press, 1308 01:14:43,600 --> 01:14:45,760 but they ended up in custody instead. 1309 01:14:45,840 --> 01:14:47,600 CAME TO FACE THE PRESS BUT ENDED UP IN CUSTODY 1310 01:14:47,680 --> 01:14:49,960 I was like, "Man, what's the big deal?" 1311 01:14:50,040 --> 01:14:52,400 "Why don't they just ask their questions?" 1312 01:14:52,480 --> 01:14:55,400 "Let's open a bottle of wine and talk it out." 1313 01:14:55,480 --> 01:14:57,720 PROSECUTOR DETAINED BOTH JISANDER AND MATTSSON 1314 01:14:57,800 --> 01:15:00,760 We were there all of 15 minutes at most. 1315 01:15:00,840 --> 01:15:03,760 And that was it, done. Detained. 1316 01:15:04,960 --> 01:15:08,400 [af Klintberg] Everyone in Team Moyne was immediately removed from their positions. 1317 01:15:08,480 --> 01:15:09,600 FORCED TO RESIGN - DETAINED 1318 01:15:09,680 --> 01:15:11,520 And Joachim Posener was arrested in absentia. 1319 01:15:11,600 --> 01:15:13,160 DETAINED IN ABSENTIA 1320 01:15:13,200 --> 01:15:16,720 Meanwhile, Björn Björnsson took on his second role in Trustor. 1321 01:15:16,800 --> 01:15:17,640 BOARD MEMBER 1322 01:15:17,720 --> 01:15:20,120 He was appointed the new CEO while this was happening. 1323 01:15:21,680 --> 01:15:25,520 It was an extremely messy week when this all blew up. 1324 01:15:26,400 --> 01:15:28,800 The first thing I did as CEO 1325 01:15:28,880 --> 01:15:31,720 was to try and wrap my head around what actually happened. 1326 01:15:31,800 --> 01:15:32,840 NEW CEO, TRUSTOR 1327 01:15:35,240 --> 01:15:39,200 In late fall, early winter, Björn Björnsson got in touch 1328 01:15:39,280 --> 01:15:41,240 and we met at the lawyer's office. 1329 01:15:42,280 --> 01:15:44,600 I sat there and told him everything I knew. 1330 01:15:45,320 --> 01:15:48,320 That Team Moyne was intending to sell some of Trustor's assets 1331 01:15:49,200 --> 01:15:52,120 at far too low a price to a previous majority shareholder, Norberg. 1332 01:15:52,200 --> 01:15:54,240 SECRET AGREEMENTS WOULD GIVE NORBERG 80 MILLION EXTRA 1333 01:15:54,320 --> 01:15:58,560 I prevented that, and in doing so, I saved Trustor a lot of money. 1334 01:16:00,720 --> 01:16:03,840 Well, you can be a useful idiot. 1335 01:16:05,360 --> 01:16:07,520 But that doesn't excuse your actions. 1336 01:16:08,400 --> 01:16:12,240 I saw a vice president who could not do his job properly. 1337 01:16:12,840 --> 01:16:15,320 It was obvious that he'd have to go. 1338 01:16:17,200 --> 01:16:21,160 [Djursén] Despite telling them everything I knew, I was fired. 1339 01:16:23,000 --> 01:16:25,440 It was so humiliating. 1340 01:16:28,520 --> 01:16:30,600 That time at Trustor was… 1341 01:16:36,720 --> 01:16:37,920 It's still hard. 1342 01:16:38,760 --> 01:16:41,200 POSENER FALK, JOACHIM RALPH GROSS BREACH OF TRUST 1343 01:16:41,280 --> 01:16:45,280 [af Klintberg] The last trace of Joachim Posener was from November 1997. 1344 01:16:46,480 --> 01:16:48,080 He moved around Europe, 1345 01:16:48,880 --> 01:16:53,000 paid in cash and stayed in hotels using aliases. 1346 01:16:54,240 --> 01:16:57,200 He managed to board a plane to South America, 1347 01:16:58,400 --> 01:17:00,400 days before an international warrant was issued. 1348 01:17:00,480 --> 01:17:01,560 INTERNATIONAL ARREST WARRANT 1349 01:17:01,640 --> 01:17:03,640 [suspenseful music playing] 1350 01:17:12,160 --> 01:17:15,440 [Posener] I did know somebody in the Stockholm criminal world, 1351 01:17:15,520 --> 01:17:18,080 and he knew somebody in South America. 1352 01:17:18,960 --> 01:17:23,160 These people are well-organized and highly dangerous. 1353 01:17:24,360 --> 01:17:27,200 I proceeded to buy what I later learned 1354 01:17:27,280 --> 01:17:30,120 is known as a "legend" in the world of spies. 1355 01:17:30,640 --> 01:17:33,600 So, a shell of a person that you assume. 1356 01:17:34,240 --> 01:17:36,600 They can take decades to create. 1357 01:17:37,160 --> 01:17:40,720 And just like that… I was a new man. 1358 01:17:42,040 --> 01:17:43,720 [driver] Should I turn at the next corner? 1359 01:17:43,800 --> 01:17:48,200 [Posener] Yes, keep going straight and then you're going to make a right. 1360 01:17:49,080 --> 01:17:52,080 [Posener] I became another person, who already existed. 1361 01:17:52,160 --> 01:17:54,320 Look at his face. It's so swollen. 1362 01:17:54,400 --> 01:17:56,640 [man] Actually, it's gone down a bit. 1363 01:17:57,360 --> 01:18:01,440 These people hid me in a small village in Brazil. 1364 01:18:02,680 --> 01:18:06,400 I lived there for many years. 1365 01:18:06,480 --> 01:18:08,840 -Hello! -Hello! 1366 01:18:08,920 --> 01:18:10,240 -Is that you? -[man]Who is that? 1367 01:18:10,320 --> 01:18:11,160 [Posener] Uh-huh. 1368 01:18:11,240 --> 01:18:15,440 [Posener] I spent a lot of time in a favela, the local slum. 1369 01:18:15,520 --> 01:18:17,520 [women speaking Portuguese] 1370 01:18:18,400 --> 01:18:22,520 [Posener] Police never went there. You don't go there uninvited. 1371 01:18:22,600 --> 01:18:24,600 [people chatting in Portuguese] 1372 01:18:25,600 --> 01:18:29,120 [Posener] The territory was controlled by a drug cartel, 1373 01:18:29,200 --> 01:18:32,120 and they had soldiers stationed at every entrance. 1374 01:18:33,160 --> 01:18:34,920 Nobody would find me there. 1375 01:18:35,520 --> 01:18:37,880 [dramatic TV theme music playing] 1376 01:18:43,680 --> 01:18:48,080 Good evening. First, the most recent developments in the Trustor saga. 1377 01:18:48,600 --> 01:18:50,720 [af Klintberg] During the fall of 1997, 1378 01:18:50,800 --> 01:18:54,800 news anchors in colorful ties continued to report on the Trustor saga. 1379 01:18:54,880 --> 01:18:56,160 Looting of funds. 1380 01:18:56,240 --> 01:18:59,560 The looting of Trustor assets worth hundreds of millions. 1381 01:18:59,640 --> 01:19:01,360 [af Klintberg] Everybody talked of "looting". 1382 01:19:01,440 --> 01:19:05,320 The looting of investment company Trustor's assets might never be resolved. 1383 01:19:05,400 --> 01:19:06,600 THE MOST BRAZEN LOOTING 1384 01:19:06,680 --> 01:19:09,120 [af Klintberg] One question remained unanswered. 1385 01:19:09,720 --> 01:19:11,920 Where is the money from Trustor? 1386 01:19:12,000 --> 01:19:13,440 OH MY LORD, WHERE'S THE MONEY? 1387 01:19:13,520 --> 01:19:14,360 [coin spinning] 1388 01:19:18,560 --> 01:19:21,080 [Posener] Around 400 million was missing. 1389 01:19:22,080 --> 01:19:26,160 I had used 240 million to pay former owner Norberg. 1390 01:19:27,920 --> 01:19:31,880 The money had been converted into shares and pledged to bank. 1391 01:19:31,960 --> 01:19:36,040 So when the police were looking for the money… it's there, as shares. 1392 01:19:38,720 --> 01:19:43,120 There had been speculation about how much I had made from the Trustor deal. 1393 01:19:43,920 --> 01:19:47,000 I paid myself ten million in total. 1394 01:19:47,080 --> 01:19:48,960 That is the true figure. 1395 01:19:50,640 --> 01:19:53,520 That may not be what people were expecting, but it was ten million. 1396 01:19:55,120 --> 01:19:58,160 I was planning to take out ten million a year in salary. 1397 01:19:58,240 --> 01:20:00,920 That was the plan for the long term, anyway. 1398 01:20:02,520 --> 01:20:07,400 But half of the ten million was frozen by the police and Trustor, 1399 01:20:08,200 --> 01:20:10,640 so I never even got the full amount of that. 1400 01:20:12,160 --> 01:20:15,280 And then there was Thomas. So, he got five million, 1401 01:20:15,360 --> 01:20:17,000 but he wasn't happy with that. 1402 01:20:17,080 --> 01:20:20,160 My understanding is that he took another 90 million. 1403 01:20:20,240 --> 01:20:23,160 But that happened behind my back. It didn't go through me. 1404 01:20:24,760 --> 01:20:27,800 What mattered to me was paying back the 20 million 1405 01:20:27,880 --> 01:20:30,200 to the Swedish gangsters I owed. 1406 01:20:30,280 --> 01:20:34,440 That way, I wouldn't be in their debt and wouldn't have any problems in the future. 1407 01:20:37,120 --> 01:20:40,120 And 70 million went to various expenditures. 1408 01:20:40,200 --> 01:20:43,920 Uh, salaries, travel expenses, office rentals, 1409 01:20:44,000 --> 01:20:46,960 compensation to Lord Moyne, Lindsay and Peter. 1410 01:20:47,480 --> 01:20:50,240 Sure, I bought Trustor, but I didn't loot the company. 1411 01:20:51,360 --> 01:20:53,240 [af Klintberg] You clearly looted its assets 1412 01:20:53,320 --> 01:20:54,960 by first buying it with its own money, 1413 01:20:55,040 --> 01:20:57,920 and then using the accounts for furnishings, offices, travel expenses… 1414 01:20:58,000 --> 01:21:00,480 But if I write… If I write… 1415 01:21:00,560 --> 01:21:02,040 uh… 1416 01:21:02,120 --> 01:21:04,160 an invoice, that's not looting assets. 1417 01:21:04,240 --> 01:21:05,480 It's a business expense. 1418 01:21:05,560 --> 01:21:08,320 I had bought a company, I didn't rob anyone. 1419 01:21:08,840 --> 01:21:11,880 [af Klintberg] So if you're saying it's not stealing, then what is it? 1420 01:21:11,960 --> 01:21:15,080 I bought the company using an unauthorized loan. 1421 01:21:17,000 --> 01:21:18,000 That's it. 1422 01:21:28,000 --> 01:21:32,040 [Posener] This is where we live. We're in the kitchen. [coughs] 1423 01:21:36,640 --> 01:21:38,240 I'm boiling some water 1424 01:21:39,040 --> 01:21:40,520 for breakfast. 1425 01:21:41,560 --> 01:21:44,480 Sorry I couldn't be bothered to clean! [chuckles] 1426 01:21:45,680 --> 01:21:47,800 The dishwasher can't handle it all. 1427 01:21:47,880 --> 01:21:49,600 We went out to buy some bread. 1428 01:21:49,680 --> 01:21:52,760 [Posener] I lived off the money from Trustor for about three years. 1429 01:21:55,520 --> 01:21:58,880 Life on the run is very expensive. 1430 01:21:58,960 --> 01:22:03,680 So is buying a new identity and not being able to work. 1431 01:22:04,640 --> 01:22:08,720 It's expensive, pretending to be somebody else. 1432 01:22:09,320 --> 01:22:11,520 I've seen a lot of this view. 1433 01:22:13,720 --> 01:22:15,640 In order to avoid being found, 1434 01:22:15,720 --> 01:22:18,680 you need to look completely different from what people expect. 1435 01:22:18,760 --> 01:22:22,960 So curly, black-haired Joachim shaved his head. 1436 01:22:23,480 --> 01:22:26,800 Chubby Joachim became fit Joachim. 1437 01:22:26,880 --> 01:22:28,840 I swapped glasses for contacts. 1438 01:22:28,920 --> 01:22:30,600 I obviously never went home. 1439 01:22:30,680 --> 01:22:32,560 That would have been idiotic. 1440 01:22:32,640 --> 01:22:34,040 First, I stayed in Brazil, 1441 01:22:34,120 --> 01:22:36,680 but when the media found out about Brazil, 1442 01:22:36,760 --> 01:22:38,320 I had already moved back to Europe. 1443 01:22:43,560 --> 01:22:47,480 While Joachim was on the run, there were many reports. 1444 01:22:47,560 --> 01:22:51,800 The media kept claiming that they'd finally found him. 1445 01:22:53,240 --> 01:22:57,600 The police believe that a picture taken by a tourist in South Africa 1446 01:22:57,680 --> 01:22:59,680 is the wanted Joachim Posener. 1447 01:22:59,760 --> 01:23:02,040 [Jisander] They published this picture of Joachim. 1448 01:23:02,120 --> 01:23:05,400 Those of us who knew him saw right away that, "Jesus Christ, that's not him." 1449 01:23:05,480 --> 01:23:09,600 If true, the seven-year-long manhunt may have some life again. 1450 01:23:09,680 --> 01:23:12,160 "Have we finally found him?" 1451 01:23:12,240 --> 01:23:15,120 "Is this the end of the manhunt?" 1452 01:23:15,840 --> 01:23:18,640 HOW POSENER'S FOOLING THE POLICE 1453 01:23:18,720 --> 01:23:20,760 [Jisander] Various facial composites were created. 1454 01:23:20,840 --> 01:23:25,200 Oh, my God. There were probably 50 people who those could have been. 1455 01:23:31,280 --> 01:23:33,160 [clattering] 1456 01:23:33,680 --> 01:23:35,680 [thumping and shuffling] 1457 01:23:37,120 --> 01:23:39,680 -[Djursén] Hold on, where did I put it? -[clattering] 1458 01:23:39,760 --> 01:23:41,640 -Is this it? -[thud] 1459 01:23:42,680 --> 01:23:44,400 -Okay, here it is. -[rattling] 1460 01:23:44,480 --> 01:23:46,960 There's a lot in here. Check this out. 1461 01:23:47,040 --> 01:23:48,520 Newspaper clippings. 1462 01:23:49,120 --> 01:23:50,440 There's a ton of them. 1463 01:23:59,600 --> 01:24:02,320 They used the worst picture they could find. 1464 01:24:03,360 --> 01:24:05,200 I found that insulting, actually. 1465 01:24:05,720 --> 01:24:07,280 [laughing] 1466 01:24:07,360 --> 01:24:09,320 This is a nicer picture. 1467 01:24:10,040 --> 01:24:11,520 It doesn't embarrass me. 1468 01:24:12,040 --> 01:24:13,360 Such bullshit. 1469 01:24:17,960 --> 01:24:19,560 [sighs] 1470 01:24:20,320 --> 01:24:22,640 Six months after the Trustor scandal, 1471 01:24:22,720 --> 01:24:25,320 I had a one-year-old son and newborn twins. 1472 01:24:27,960 --> 01:24:30,880 I had no job, all my accounts were frozen, 1473 01:24:30,960 --> 01:24:33,520 and nobody would touch me with a ten-foot pole. 1474 01:24:34,960 --> 01:24:36,800 I had to sell the house. 1475 01:24:38,440 --> 01:24:41,600 We moved into a small rental apartment in Hägersten. 1476 01:24:42,240 --> 01:24:44,280 My life changed completely. 1477 01:24:46,800 --> 01:24:49,600 I lost everything. Except my family. 1478 01:24:50,120 --> 01:24:53,720 I wanted to take revenge on all those people who'd hurt me. 1479 01:24:53,800 --> 01:24:56,320 And I was most angry with Björn Björnsson, 1480 01:24:56,400 --> 01:24:58,320 because he threw me under the bus. 1481 01:25:02,960 --> 01:25:05,560 Because of that, I wanted to end him. 1482 01:25:06,120 --> 01:25:09,760 I drove around where he lives in Djursholm, by his house. 1483 01:25:09,840 --> 01:25:11,520 He doesn't know about this. 1484 01:25:13,280 --> 01:25:17,680 So as I was driving around there in my car… and… 1485 01:25:18,320 --> 01:25:19,840 And this is so crazy. 1486 01:25:21,360 --> 01:25:23,800 At one point, I could have written a book 1487 01:25:23,880 --> 01:25:28,360 on 300 different ways of killing somebody without getting caught. 1488 01:25:28,440 --> 01:25:32,440 Everything from buying a wood chipper and putting the corpse in, 1489 01:25:32,520 --> 01:25:35,000 then spreading the remains at sea for the fish to eat. 1490 01:25:35,880 --> 01:25:40,200 You need to dispose of the body somehow. 1491 01:25:40,280 --> 01:25:42,640 There was no Google at the time, 1492 01:25:42,720 --> 01:25:46,000 but you could still find out how to cremate stuff. 1493 01:25:46,520 --> 01:25:49,280 It's done with high heat, of course. 1494 01:25:49,360 --> 01:25:50,800 You can build it yourself. 1495 01:25:51,320 --> 01:25:54,360 I was going to rent a cabin in northern Sweden 1496 01:25:54,440 --> 01:25:57,600 and build one of those cremation furnaces 1497 01:25:57,680 --> 01:26:00,000 where all traces are destroyed. 1498 01:26:04,280 --> 01:26:07,640 I sat here watching Björn Björnsson's house. 1499 01:26:08,160 --> 01:26:11,920 I drove around checking different escape routes in his area 1500 01:26:12,880 --> 01:26:15,680 that would allow me to get away quickly. 1501 01:26:16,560 --> 01:26:18,720 I thought I needed to turn myself in. 1502 01:26:18,800 --> 01:26:20,960 I called psychiatric services in Nacka. 1503 01:26:21,840 --> 01:26:25,640 I told them that I thought I needed to be committed, 1504 01:26:25,720 --> 01:26:28,640 since I was considering killing someone. 1505 01:26:29,360 --> 01:26:32,800 You only have such violent thoughts when you're depressed. 1506 01:26:33,320 --> 01:26:35,840 [af Klintberg] Do you still have those thoughts, or are they gone? 1507 01:26:35,920 --> 01:26:38,040 No, not at all. They're long gone. 1508 01:26:40,680 --> 01:26:43,280 Shit, I didn't start crying. That's weird. 1509 01:26:43,360 --> 01:26:44,560 [laughs] 1510 01:26:45,880 --> 01:26:47,280 Oh, dear. 1511 01:26:50,840 --> 01:26:53,120 I thought I was gonna be crying the whole time. 1512 01:26:54,400 --> 01:26:55,360 No. 1513 01:26:58,680 --> 01:27:02,400 As long as I'm talking and keep going, it's fine. 1514 01:27:02,920 --> 01:27:04,480 I can keep from crying. 1515 01:27:06,240 --> 01:27:07,320 But actually… 1516 01:27:08,280 --> 01:27:10,080 [coughs and sobs] No, forget it. 1517 01:27:20,000 --> 01:27:21,240 [Djursén sobbing] 1518 01:27:21,320 --> 01:27:22,560 [Björnsson] Mm-hmm. 1519 01:27:26,360 --> 01:27:28,800 It's tragic to see how he's ended up. 1520 01:27:28,880 --> 01:27:30,240 [Djursén sobbing on video] 1521 01:27:30,320 --> 01:27:32,240 Even considering where he's from. 1522 01:27:35,040 --> 01:27:36,000 [sighs] 1523 01:27:38,000 --> 01:27:39,680 But he seems to be doing all right. 1524 01:27:39,760 --> 01:27:42,000 He's driving a Porsche and he has a nice house. 1525 01:27:42,080 --> 01:27:43,920 He's doing well financially. 1526 01:27:44,600 --> 01:27:46,080 [dramatic music playing] 1527 01:27:46,160 --> 01:27:48,720 STOCKHOLM DISTRICT COURT 2001 1528 01:27:48,800 --> 01:27:50,520 [man] Today saw the start of the trial 1529 01:27:50,600 --> 01:27:54,600 of those involved in the looting of company assets from Trustor. 1530 01:27:56,600 --> 01:27:59,040 [af Klintberg] Financial crime is hard to prove, 1531 01:27:59,120 --> 01:28:01,640 and becomes even more complicated when committed abroad. 1532 01:28:02,320 --> 01:28:05,480 In this case, the key figure was also missing, 1533 01:28:05,560 --> 01:28:08,760 which meant that the legal proceedings were doomed to fail. 1534 01:28:10,640 --> 01:28:13,600 Lindsay Smallbone was not prosecuted, and walked free. 1535 01:28:13,680 --> 01:28:15,840 New Zealand has no extradition agreement with Sweden. 1536 01:28:16,960 --> 01:28:18,760 Lord Moyne was prosecuted, 1537 01:28:18,840 --> 01:28:24,040 but claimed that some of the signatures on the Trustor documents were not his. 1538 01:28:24,560 --> 01:28:26,280 He also walked free. 1539 01:28:27,640 --> 01:28:29,120 [man] Why were you important for them? 1540 01:28:30,080 --> 01:28:32,520 Name. The name. 1541 01:28:34,120 --> 01:28:37,520 I'm bankrupt. Uh, it's as simple as that. 1542 01:28:38,080 --> 01:28:39,280 [camera shutters clicking] 1543 01:28:39,360 --> 01:28:41,480 [af Klintberg] Peter Mattsson and Thomas Jisander 1544 01:28:41,560 --> 01:28:43,840 were initially convicted by the district court. 1545 01:28:44,440 --> 01:28:46,440 [Jisander] I was sentenced to five years in prison, 1546 01:28:46,520 --> 01:28:50,960 given a nine-year ban on business activity and had to pay 100 million in damages. 1547 01:28:51,840 --> 01:28:54,560 [af Klintberg] But they appealed the decision. 1548 01:28:55,600 --> 01:28:58,400 This time around, we were better prepared. 1549 01:28:58,480 --> 01:29:00,920 FRESH START IN TRUSTOR CASE 1550 01:29:02,560 --> 01:29:04,800 [af Klintberg] Since the key figure was missing, 1551 01:29:04,880 --> 01:29:06,560 it became convenient to blame him. 1552 01:29:06,640 --> 01:29:07,880 [Posener] During the trial… 1553 01:29:07,960 --> 01:29:09,080 "WE WERE TRICKED BY POSENER" 1554 01:29:09,160 --> 01:29:12,280 …they came up with the most absurd arguments for their innocence. 1555 01:29:12,360 --> 01:29:14,200 THE PROSECUTED BLAME EVERYTHING ON POSENER 1556 01:29:14,280 --> 01:29:17,120 The prosecutor claimed to have found documents 1557 01:29:17,200 --> 01:29:20,840 on the computer that they discovered in my apartment. 1558 01:29:20,920 --> 01:29:23,280 But who used that computer? 1559 01:29:23,360 --> 01:29:27,680 We brought in a technical expert, who demonstrated to the court 1560 01:29:27,760 --> 01:29:30,560 how easy it is to access a computer remotely. 1561 01:29:30,640 --> 01:29:33,560 We were able to prove that that was a possibility. 1562 01:29:34,280 --> 01:29:35,920 And then it was in the hands of the court 1563 01:29:36,000 --> 01:29:38,560 and evidently, they believed it was possible as well. 1564 01:29:39,080 --> 01:29:41,720 Today they were acquitted by the court of appeal. 1565 01:29:41,800 --> 01:29:46,600 There was not enough evidence against Thomas Jisander and Peter Mattsson. 1566 01:29:46,680 --> 01:29:48,480 It's been incredibly tough, 1567 01:29:48,560 --> 01:29:51,400 but it's with tremendous relief I can say that, luckily, 1568 01:29:51,480 --> 01:29:52,960 there is justice in this world. 1569 01:29:53,040 --> 01:30:00,040 TRUSTOR SCANDAL VILLAINS WALK FREE 1570 01:30:00,120 --> 01:30:02,120 [birdsong] 1571 01:30:07,080 --> 01:30:10,760 [Söderström] Joachim Posener was never convicted. He just vanished. 1572 01:30:10,840 --> 01:30:14,040 -And… we've not heard from, or seen… -[woman] Fore! 1573 01:30:14,840 --> 01:30:15,840 Sorry. 1574 01:30:16,440 --> 01:30:18,760 He's gone up in smoke, so to speak. 1575 01:30:20,320 --> 01:30:21,880 [solemn music playing] 1576 01:30:21,960 --> 01:30:25,600 [Söderström] I left the police force. I needed to try something different. 1577 01:30:26,200 --> 01:30:28,200 I started working at a golf club. 1578 01:30:30,320 --> 01:30:32,200 It obviously haunts me 1579 01:30:32,720 --> 01:30:35,200 that we never caught Joachim Posener. 1580 01:30:35,720 --> 01:30:37,040 What the… 1581 01:30:37,120 --> 01:30:40,440 It would give closure, an ending to it all. 1582 01:30:42,600 --> 01:30:43,840 That's how I feel. 1583 01:30:46,120 --> 01:30:50,160 I find it strange that you can stay away for 30 years, 1584 01:30:51,200 --> 01:30:54,920 not see your family, and constantly having to look over your shoulder. 1585 01:30:55,840 --> 01:30:58,440 It must be like losing your identity. 1586 01:31:07,160 --> 01:31:11,560 [Posener] Being in hiding means I have been able to live a life on my own terms. 1587 01:31:13,200 --> 01:31:15,880 Where I live, nobody calls me Joachim… 1588 01:31:15,960 --> 01:31:16,880 [man] Bonjour! 1589 01:31:16,960 --> 01:31:19,240 [man] Charlie, how are you, my friend? 1590 01:31:19,320 --> 01:31:21,200 -[Posener] How are you? -Good to see you! 1591 01:31:21,280 --> 01:31:22,480 See you soon. 1592 01:31:24,520 --> 01:31:27,040 [Posener] …despite the fact that I regained my passport 1593 01:31:27,120 --> 01:31:29,400 and my real name a long time ago. 1594 01:31:39,320 --> 01:31:41,080 [af Klintberg] What's your life like? 1595 01:31:42,160 --> 01:31:44,320 [Posener] I live kind of 1596 01:31:45,120 --> 01:31:47,560 a Bohemian lifestyle. 1597 01:31:48,520 --> 01:31:49,520 There. 1598 01:31:49,600 --> 01:31:52,480 Not in my native country, 1599 01:31:52,560 --> 01:31:55,480 not even in my wife's native country. 1600 01:31:56,120 --> 01:31:59,960 One foot in society and one outside. 1601 01:32:02,400 --> 01:32:03,760 Do I need to make a living? 1602 01:32:03,840 --> 01:32:04,880 Definitely. 1603 01:32:05,480 --> 01:32:10,280 I have worked with what I know best, as a consultant and advisor. 1604 01:32:10,360 --> 01:32:12,840 But in the shadows. 1605 01:32:16,960 --> 01:32:18,400 [nail file scratching] 1606 01:32:19,040 --> 01:32:20,640 [shop bell rings] 1607 01:32:20,720 --> 01:32:23,840 [manicurist] What do you want people to know about you? 1608 01:32:23,920 --> 01:32:26,560 [Posener] It was never about the money. 1609 01:32:26,640 --> 01:32:29,040 It was about the challenge. 1610 01:32:29,120 --> 01:32:32,840 The adrenaline you get from such deals is my drug. 1611 01:32:33,360 --> 01:32:37,280 Yeah, it can be hard to stop once you've started. 1612 01:32:38,240 --> 01:32:42,280 -Have you got a family? -Yes. A wife and two kids. 1613 01:32:42,360 --> 01:32:44,120 -[manicurist] Girls or boys? -Girls. 1614 01:32:44,200 --> 01:32:45,840 Can you see them? 1615 01:32:45,920 --> 01:32:48,320 -I live with my youngest. -[manicurist] Ah. 1616 01:32:48,400 --> 01:32:51,920 And I've promised not to talk about my other daughter. 1617 01:32:52,920 --> 01:32:54,240 How old are they? 1618 01:32:55,600 --> 01:32:59,120 The youngest is 15, and the older one is 32. 1619 01:32:59,720 --> 01:33:03,040 The same age as me. Then I could be your daughter. 1620 01:33:03,560 --> 01:33:05,080 Yes, actually. 1621 01:33:11,440 --> 01:33:15,440 [af Klintberg] The biggest victim might be your daughter. 1622 01:33:15,520 --> 01:33:17,840 -[Posener] Yeah. -[af Klintberg] What are your thoughts? 1623 01:33:17,920 --> 01:33:20,360 It is extremely sad and tragic. 1624 01:33:20,440 --> 01:33:22,640 But I wouldn't have, uh… 1625 01:33:22,720 --> 01:33:28,000 I would have gone insane if I had to spend another ten years in prison. 1626 01:33:28,880 --> 01:33:30,920 I just couldn't do it. 1627 01:33:31,000 --> 01:33:33,440 [af Klintberg] Given how things turned out, 1628 01:33:33,520 --> 01:33:37,720 you've lived in hiding and lost contact with your family and your daughter. 1629 01:33:37,800 --> 01:33:39,160 Was it worth it? 1630 01:33:40,440 --> 01:33:41,680 That's a very complicated… 1631 01:33:41,760 --> 01:33:45,160 That's a very simple, yet complicated question, because… 1632 01:33:45,240 --> 01:33:50,360 Had I not done the Trustor deal, I would not have been married to my current wife, 1633 01:33:50,440 --> 01:33:54,080 I would not have the child I have and live with today. 1634 01:33:54,160 --> 01:33:57,400 Was it worth not spending another ten years in prison? 1635 01:33:57,480 --> 01:33:58,480 Definitely. 1636 01:33:59,760 --> 01:34:04,000 [af Klintberg] And what about the price that your family in Sweden had to pay? 1637 01:34:04,080 --> 01:34:06,440 It was worth it for me, but maybe not for them. 1638 01:34:08,040 --> 01:34:10,000 [urgent music playing] 1639 01:34:12,880 --> 01:34:16,880 [af Klintberg] And perhaps the most absurd consequence of the whole affair, 1640 01:34:18,000 --> 01:34:21,240 Trustor's shareholders profited big time. 1641 01:34:23,080 --> 01:34:24,680 In order to understand this, 1642 01:34:24,760 --> 01:34:28,680 we need to look at Björn Björnsson's third and last role, 1643 01:34:29,240 --> 01:34:33,160 as the liquidator tasked with winding down Trustor. 1644 01:34:33,240 --> 01:34:37,120 Our mission was to recover as much money as possible. 1645 01:34:37,720 --> 01:34:39,960 Pay off all the debts, sell all the assets. 1646 01:34:40,040 --> 01:34:43,600 Whatever was left went to the shareholders as dividends. 1647 01:34:43,680 --> 01:34:45,840 150 MIL INVESTED AT THE STOCKHOLM STOCK EXCHANGE 1648 01:34:45,920 --> 01:34:50,360 [af Klintberg] The liquidators found money in Team Moyne's accounts around the world. 1649 01:34:50,960 --> 01:34:55,560 Thomas Jisander was ordered to pay back 65 million in a settlement. 1650 01:34:56,200 --> 01:34:59,000 The banks involved were sued for substantial amounts. 1651 01:34:59,080 --> 01:35:00,880 BARCLAYS BANK SUED FOR HALF A BILLION KRONOR 1652 01:35:00,960 --> 01:35:04,200 And Trustor's undervalued assets were sold. 1653 01:35:07,080 --> 01:35:09,400 So despite the missing money, 1654 01:35:09,480 --> 01:35:12,800 the value of the shares doubled after the scandal. 1655 01:35:12,880 --> 01:35:16,080 THE TRUSTOR SCANDAL IS REVEALED 1656 01:35:16,840 --> 01:35:17,920 [sighs] 1657 01:35:19,040 --> 01:35:22,680 It's ironic, but the shareholders got a good deal. 1658 01:35:24,200 --> 01:35:25,720 [poignant music playing] 1659 01:35:27,200 --> 01:35:29,120 [af Klintberg] Crimes had been committed, 1660 01:35:29,200 --> 01:35:31,200 but the establishment lost out. 1661 01:35:31,840 --> 01:35:35,800 The taxpayers paid the bill for the work carried out by the authorities. 1662 01:35:36,520 --> 01:35:38,960 And everyone involved walked free. 1663 01:35:39,560 --> 01:35:41,120 Well, nearly everyone. 1664 01:35:41,200 --> 01:35:42,600 [champagne fizzing] 1665 01:35:42,680 --> 01:35:45,800 [af Klintberg] As some say, why follow the law, 1666 01:35:45,880 --> 01:35:48,080 when you can treat it as a guideline? 1667 01:35:48,920 --> 01:35:50,920 [tense music playing] 1668 01:35:53,080 --> 01:35:54,840 [Djursén] I'm doing great now. 1669 01:35:54,920 --> 01:35:55,880 Um… 1670 01:35:56,560 --> 01:35:57,680 Just dandy. 1671 01:35:58,400 --> 01:35:59,800 I've got a good life. 1672 01:36:00,360 --> 01:36:02,000 I've worked hard. 1673 01:36:02,880 --> 01:36:03,840 [chuckles] 1674 01:36:03,920 --> 01:36:06,400 I've started businesses that have done really well. 1675 01:36:06,480 --> 01:36:09,080 I've sold businesses and made a fortune. 1676 01:36:11,960 --> 01:36:16,360 I am now financially independent and can do whatever I want. 1677 01:36:24,400 --> 01:36:28,120 [Jisander] As I've said before, "Who remembers a coward?" 1678 01:36:29,880 --> 01:36:34,440 Every red cent I got out of Trustor is long gone. 1679 01:36:36,240 --> 01:36:38,400 It was impossible to predict 1680 01:36:38,480 --> 01:36:41,960 that I would earn as little from this deal as I ultimately did. 1681 01:36:43,920 --> 01:36:45,920 [chuckles] 1682 01:36:54,120 --> 01:36:55,480 [Posener] After Trustor, 1683 01:36:56,000 --> 01:36:59,480 I knew that I had made my mark on the world. 1684 01:37:01,680 --> 01:37:03,480 That was satisfying. 1685 01:37:05,080 --> 01:37:08,640 But what drove me to it is no longer in me. 1686 01:37:09,640 --> 01:37:11,680 The freedom I sought through money 1687 01:37:11,760 --> 01:37:14,480 has been replaced with another kind of freedom. 1688 01:37:14,560 --> 01:37:16,720 One where no one can control me. 1689 01:37:17,760 --> 01:37:20,240 And I choose where I want to be. 1690 01:37:22,400 --> 01:37:24,800 And also when I want to vanish. 1691 01:37:28,560 --> 01:37:29,600 [whistles] 1692 01:37:30,640 --> 01:37:34,720 [Posener] The crazy thing is that Thomas got in touch with me during the trial… 1693 01:37:36,520 --> 01:37:38,440 and asked me, 1694 01:37:39,040 --> 01:37:40,480 "Can we do it again?" 1695 01:37:41,480 --> 01:37:43,480 [solemn music playing] 1696 01:37:48,800 --> 01:37:51,160 THOMAS JISANDER WAS SENTENCED YEARS LATER 1697 01:37:51,240 --> 01:37:52,560 TO A SHORT PRISON TERM 1698 01:37:52,640 --> 01:37:54,760 FOR INCITEMENT TO GROSS EMBEZZLEMENT 1699 01:37:56,160 --> 01:37:57,920 "IT WAS A WONDERFUL 1700 01:37:58,000 --> 01:38:00,080 SIX-MONTH SPA EXPERIENCE!" 1701 01:38:02,760 --> 01:38:04,320 LORD MOYNE'S FAMILY INFORMED US 1702 01:38:04,400 --> 01:38:06,680 THAT HE CAN'T TAKE PART DUE TO HEALTH REASONS 1703 01:38:06,760 --> 01:38:09,120 PETER MATTSSON, HOWEVER, HASN'T REPLIED 1704 01:38:10,080 --> 01:38:13,000 LINDSAY SMALLBONE HAS PASSED AWAY 1705 01:38:14,040 --> 01:38:17,840 NAPOLEON'S DESK HAS NOT BEEN FOUND 1706 01:38:20,120 --> 01:38:21,600 [upbeat pop music playing] 1707 01:38:22,720 --> 01:38:25,720 A FILM BY KARIN AF KLINTBERG 1708 01:40:46,880 --> 01:40:49,440 Just have a look at my fire. 1709 01:40:49,960 --> 01:40:52,320 -[bleep] -Magical fire! 1710 01:40:52,400 --> 01:40:55,800 Several people have looked and said, "Oh, what a lovely fire." 1711 01:40:56,360 --> 01:40:57,960 [laughs] Thinking it's a real fire.