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2 clusters · 9 sources · 12 days · First seen · Last updated

Norway U.S. silver coin fraud convictions

Overview

Three Norwegians have been sentenced to up to two and a half years in prison following a money laundering investigation involving tens of thousands of U.S. silver coins. The case, handled by the economic crime unit Økokrim, involved the conversion of proceeds from a large investment scheme in the United States into approximately 67,000 American Eagle silver coins, valued at roughly $2.65 million.

The investigation began in April 2025 after police intercepted vans in Baerum, west of Oslo. Public Prosecutor Jon André Hvoslef-Eide noted that the recovered silver may allow for the potential return of misappropriated assets to the victims of the U.S.-based fraud. While the three Norwegians were convicted of organizing and storing the coins, two British nationals facing charges were acquitted. The verdict remains subject to appeal.

Entities

Jon André Hvoslef-Eide · Telenor · United States · Økokrim · United States Mint

Timeline

  1. [CRIME] 5 sources
    Norway sentences men for massive digital fraud and other crimes

    Several men in Norway have received prison sentences for various crimes, including a massive digital fraud scheme involving 100,000 attempted thefts, aiding a rape via social media, and racial abuse of police.

  2. [CRIME] 4 sources
    Norway convicts three in $2.65 million U.S. silver coin fraud case

    Three Norwegians received prison sentences for laundering money through 67,000 U.S. silver coins discovered in Norway following a major investment fraud scheme.

Sources

digi.no · myfoxatlanta.com · mymotherlode.com · newsday.com · radioh.no · srnnews.com · tu.no · tv2bornholm.dk · tv2ostjylland.dk