Tuesday, May 1, 2012

Danish woman charged with $25 million embezzlement

(AP) ? A former airport catering company manager has been charged with embezzlement and forgery worth 138 million kroner ($24.5 million).

Prosecutor for economic crimes Jens Madsen says Amanda Nyholm Jacobsen spent the money on an expensive house in Denmark, cars, watches, jewelry, art and private trips during 2008-2011.

Madsen on Tuesday called it "an unusual case because of the large sum of money."

Nyholm Jacobsen, former head of Gate Gourmet in Copenhagen, earlier confessed fraud worth 120 million kroner ($21.3 million).

The case is also being investigated in Switzerland because Nyholm Jacobsen has claimed another senior Gate Gourmet manager profited from the embezzlement, Madsen said.

No trial date has been set.

Associated Press

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