# Norway U.S. silver coin fraud convictions

> Live situation record from CLSTR: https://clstr.news/situations/norway-us-silver-coin-fraud-convictions
> Updated: 2026-09-29T06:12:45.000Z. Sources: 9. Developments: 2.

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.

## Timeline

### 2026-09-29: 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.

5 sources. https://clstr.news/cluster/norway-sentences-men-for-massive-digital-fraud-and-other-crimes

### 2026-09-17: 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.

4 sources. https://clstr.news/cluster/norway-convicts-three-in-265-million-us-silver-coin-fraud-case

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Cite as: Norway U.S. silver coin fraud convictions. CLSTR, https://clstr.news/situations/norway-us-silver-coin-fraud-convictions