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Retired Croat seemstress ordered to pay 3.7 million Euros

Croatian Times

A retired seamstress in Croatia has been ordered to pay 27 million Kuna (3.7 million Euros) for share fraud by a New York Federal court.

According to Croatian daily Slobodna Dalmacija, Sonja Anticevic from the southern town of Omis reportedly earned more than one million Euros on Reebok shares in 2005 after receiving insider information.

There has been speculation that a relative who lives in the USA could have passed the information onto her or used her money for share trading.

Anticevic has refused to comment on the case but had earlier claimed she had no knowledge of the share trades.



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Tag cloud Croat  knowledge  Euros  trades  relative  speculation  Reebok  court  Anticevic  retired  money  Sonja  Kuna  earned  trading  seemstress  Omis  York  fraud  insider


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