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United States vs. Roger Karlsson and Eastern Metal Securities

Case Number: 19-cr-340-WHO

 

Roger Nils-Jonas Karlsson, citizen of Sweden, was sentenced to 15 years in prison for securities fraud, wire fraud, and money laundering charges that defrauded thousands of victims. The court also ordered the defendant to forfeit several properties in Thailand, including a resort, and a forfeiture money judgment of more than $16 million. On August 22, 2022, an Amended Judgement Order was filed by the Court which incorporates the Government's Restitution Schedule totaling $8,532,068.77.

Significant Events:

7/5/2019 INDICTMENT filed in the Northern District of California
3/3/2021 Change of Plea to Guilty Hearing as to Roger Karlsson held
6/23/2021 Initial Phase of Sentencing as to Roger Karlsson held
7/8/2021 Sentencing as to Roger Karlsson held
7/9/2021 AMENDED PRELIMINARY ORDER OF FORFEITURE as to Roger Karlsson
8/20/2021 PROOF OF PUBLICATION OF NOTICE OF FORFEITURE ACTION as to Roger Karlsson
12/15/2021 Restitution Hearing as to Roger Karlsson held
8/12/2022 ORDER OF RESTITUTION as to Roger Karlsson
8/22/2022 AMENDED JUDGEMENT
Restitution Schedule (REDACTED)

Restitution Update

A restitution hearing was held via Zoom on December 15, 2021. On August 12, 2022, the Court signed an Amended Judgment to include a restitution order of $8,532,068.77. Please note that a restitution order cannot guarantee full or immediate payment by the defendant. Distributions are made by the Court based on the amount of funds collected from the defendant or paid directly by the defendant to the Court. We do not currently have an update regarding the timing for any distributions.

You may access the Restitution Schedule here. These amounts are final and are listed by investor Last Name and First Initial. We are unable to revisit any individual claims. Investors who submitted statements/claims that were either not verifiable through supporting documents or were received after the deadline could not be included on our list. Due to the large number of victims in this case, individual awards cannot be confirmed through our office. Please email USAEO.MCAP@usdoj.gov for assistance.

If your address or legal name has changed, please download and complete the corresponding Court forms below to file a request with the Court.

Please follow the instructions on the form which includes a list of supporting documentation required and the mailing address to return the forms. Please do not return the form to the U.S. Attorney’s Office.

Press Releases

Cryptocurrency Fraudster Sentenced To 15 Years for Money Laundering and Securities Fraud In Multi-Million Dollar Investment Scheme

Cryptocurrency Fraudster Pleads Guilty to Securities Fraud and Money Laundering Charges In Multi-Million Dollar Investment Scheme

Alleged Cryptocurrency Fraudster Extradited from Thailand to Face Charges In Multi-Million Dollar Investment Scheme

Contact Information

Due to the large volume of victims in this case, the U.S Attorney’s Office is unable to return emails and phone calls regarding this particular case. For information or assistance, please contact the Mega Victim Case Assistance Program Unit at USAEO.MCAP@usdoj.gov.

Updated December 6, 2022