Kristian Helgesen reported for gross fraud

For having sold shares he does not own.

The former Norwegian convicted of fraud Kristian Helgesen has now been reported to the police in Sweden.

He has been reported by a Norwegian citizen for gross fraud for having sold shares and distribution agreements he does not own.

Helgesen is thus the third Norwegian to have been reported in Sweden.

Nettavisen NA24 has previously mentioned that both Stein Elling Wirum and Jarl Moe have been reported by the same Norwegian for share sales in the million class.

Background: All about Johnsen Oil

Specifically, it is share sales related to the company Tromeron LLC for which Helgesen has been notified. At the time of the sale, it was sold that Tromeron had distribution agreements that it did not actually have.

Moe, which has been reviewed by a number of people in several countries, has also previously been reviewed for the sale of shares in this company.

Quarrel in another company

Kristian Helgesen is also accused of selling shares in a company called Loopium, which will be wholly owned by the Swedes Sebastian Greenwood and Björn Thomas.

The Swedes' German lawyer Martin Breidenbach has sent a letter addressed to Helgesen, in which he is immediately asked to stop selling Loopium shares.

Comprehensive case

The online newspaper NA24 has for a long time written about various companies where several previously convicted Norwegians have been active in buying and selling shares.

Most companies have zero or almost zero kroner in turnover, but are priced at hundreds of millions and in some cases billions of kroner.

Documents have been tampered with, patents have not existed and several advisers have apparently been misled. Most of the buyers are ignorant small savers in Norway, Sweden, the USA and Germany.

BACKGROUND: All about Johnsen Oil

Kristian Helgesen has not responded to Nettavisen NA24's inquiries.