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{{Short description|Swedish politician, lawyer and businessman}}
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{{AfDM|page=Mikael Ljungman (3rd nomination)|year=2016|month=February|day=5|substed=yes|origtag=afdx|help=off}}
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{{Infobox person
{{Infobox person
| name = Mikael Ljungman
| name = Mikael Ljungman
| education = Lawyer, Political Scientist
| education = Lawyer, Political Scientist
| birth_date = {{birth date and age|1963|11|25}}
| birth_date = {{birth date and age|1963|11|25|df=y}}
| occupation = Businessman
| occupation = Businessman
| birth_place= Stockholm, Östermalm
| birth_place= [[Östermalm]], Stockholm, Sweden
| religion = Christianity<ref name="Parliament Election 2014_2" />
| nationality= Swedish
| nationality= Swedish
| children = }}
| children =
}}


'''Mikael Ljungman''' (born November 25, 1963) is a Swedish [[politician]], [[lawyer]] and [[businessman]]. He was convicted of fraud and false accounting related to his business activities, for which he served a two-year prison term.<ref>{{cite web |url=http://www.dr.dk/Nyheder/Andre_sprog/English/2010/03/26/142319.htm |title=Six-year sentence for Ljungman |date=26 March 2010}}</ref> He is also known for his association and involvement with two high-profile tech failures: the game console manufacturer [[Gizmondo]] 2006 and [[IT Factory]] 2008. After his release from prison, Ljungman became active in the [[Christian Democrats (Sweden)|Christian Democrats]] legal policy network.<ref name="political scientist">{{cite web |url=http://www.business.dk/oekonomi/bagger-makker-kommer-ud-af-faengslet-0 |title=Bagger-makker kommer ud af fængslet }}</ref> He was selected as the [[Christian Democrats (Sweden)|Christian Democrats]] parliamentary candidate for the 2014 Swedish elections.<ref name="Parliament Election 2014_2">{{cite news |url=http://www.aftonbladet.se/nyheter/article19057212.ab |title=Känd brottsling på KD:s riksdagslista |trans_title=Known criminal on KD's parliamentary list |newspaper=Aftonbladet |language=Swedish |date=15 June 2014}}</ref>
'''Mikael Ljungman''' (born 25 November 1963) is a Swedish politician, lawyer and businessman. He was 2009–2010 convicted of fraud and false accounting related to his business activities, for which he served a two-year prison term.<ref>{{cite web |url=http://www.dr.dk/Nyheder/Andre_sprog/English/2010/03/26/142319.htm |title=Six-year sentence for Ljungman |date=March 26, 2010}}</ref> He is also known for his association and involvement with two high-profile tech failures: the game console manufacturer [[Gizmondo]] in 2005 and [[IT Factory]] in 2008. After his release from prison, Ljungman became active in the [[Christian Democrats (Sweden)|Christian Democrats]] legal policy network.<ref name="political scientist">{{cite web |url=http://www.business.dk/oekonomi/bagger-makker-kommer-ud-af-faengslet-0 |title=Bagger-makker kommer ud af fængslet }}</ref> He was selected as a [[Christian Democrats (Sweden)|Christian Democrats]] parliamentary candidate for the 2014 Swedish elections, as number 32 on their Stockholm candidate list.<ref name="Parliament Election 2014_2">{{cite news |url=http://www.aftonbladet.se/nyheter/article19057212.ab |title=Känd brottsling på KD:s riksdagslista |trans-title=Known criminal on KD's parliamentary list |newspaper=Aftonbladet |language=Swedish |date=June 15, 2014}}</ref>


==Education==
==Education==
Mikael Ljungman has a Masters of Laws (LL.M.)<ref name="Parliament Election 2014">{{cite web |url=http://www.val.se/val/val2014/valsedlar/R/rvalkrets/01/valsedlar.html |title=Ballot Papers Election 2014}}</ref>{{Unreliable source?|date=February 2016}} from [[Stockholm University]]. He also studied political science.<ref name="political scientist">{{cite web |url=http://www.business.dk/oekonomi/bagger-makker-kommer-ud-af-faengslet-0 |title=Bagger-makker kommer ud af fængslet }}</ref>
Mikael Ljungman has a Masters of Laws (LL.M.)<ref name="Parliament Election 2014">{{cite web |url=http://www.val.se/val/val2014/valsedlar/R/rvalkrets/01/valsedlar.html |title=Ballot Papers Election 2014}}</ref>{{Unreliable source?|date=February 2016}} from [[Stockholm University]]. He also studied political science.<ref name="political scientist"/>


==Association with Gizmondo==
==Association with Gizmondo==
Ljungman's company 3P PreForm Marketing and Research<ref name="giz">{{cite web |url=http://sandberghans.blogspot.com/2008/02/carl-freer-gizmondo-arrives-late-2008.html |title=Carl Freer: Gizmondo arrives in late 2008}}</ref>{{Unreliable source?|date=February 2016}} began performing research and development work for [[Gizmondo]] Europe in 2003<ref name="prosecution">{{cite news |url=http://www.realtid.se/ArticlePages/200512/22/20051222120813_Realtid483/20051222120813_Realtid483.dbp.asp |title=Gizmondos svenska partner åtalas |date=December 22, 2005|author=Olle Blomkvist |publisher=Realtid.se}}</ref> and was paid $7.6 million.<ref name="TGTL10Q-Oct05">{{cite web |url=http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=3965271-21910-50927&type=sect&TabIndex=2&companyid=77277&ppu=%252fdefault.aspx%253fcik%253d1065581 |title=TIGER TELEMATICS INC - TGTL Quarterly Report (10-Q)}}</ref>{{Unreliable source?|date=February 2016}} After Gizmondo Europe's bankruptcy in early 2006, the liquidators had outstanding questions about Ljungman and his company's involvement with Gizmondo Europe Ltd; they were perfectly satisfied with Ljungman's answers.<ref name="giz"/>{{Unreliable source?|date=February 2016}}
Ljungman's company 3P PreForm Marketing and Research began performing research and development work for [[Gizmondo]] Europe in 2003<ref name="prosecution">{{cite news |url=http://www.realtid.se/ArticlePages/200512/22/20051222120813_Realtid483/20051222120813_Realtid483.dbp.asp |archiveurl=https://web.archive.org/web/20160205052025/http://www.realtid.se/ArticlePages/200512/22/20051222120813_Realtid483/20051222120813_Realtid483.dbp.asp |archivedate=February 5, 2016 |title=Gizmondos svenska partner åtalas |date=December 22, 2005|author=Olle Blomkvist |publisher=Realtid.se}}</ref><ref name="giz">{{cite web |url=http://sandberghans.blogspot.com/2008/02/carl-freer-gizmondo-arrives-late-2008.html |title=Carl Freer: Gizmondo arrives in late 2008}}</ref> and was paid $7.6 million.<ref name="TGTL10Q-Oct05">{{cite web |url=http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=3965271-21910-50927&type=sect&TabIndex=2&companyid=77277&ppu=%252fdefault.aspx%253fcik%253d1065581 |title=TIGER TELEMATICS INC – TGTL Quarterly Report (10-Q)}}</ref>{{Unreliable source?|date=February 2016}} After Gizmondo Europe's bankruptcy in early 2006, the liquidators had outstanding questions about Ljungman and his company's involvement with Gizmondo Europe Ltd; they were perfectly satisfied with Ljungman's answers.<ref name="giz"/>{{Unreliable source?|date=February 2016}}
In May 2008, [[Carl Freer]] bought Gizmondo Europe's intellectual property rights.<ref name="iprights">{{cite web |url=http://sandberghans.blogspot.com/2008/05/gizmondo-press-release-from-joint.html |title=Gizmondo Liquidators Wishes Carl Freer Good Speed}}</ref>{{Unreliable source?|date=February 2016}} The Gizmondo console and its augmented reality functionality aroused the interest of technical universities.<ref name="studierstube">{{cite web |url=http://studierstube.icg.tugraz.at/handheld_ar/caleb_gizmondo.php |title=CALEB ON THE GIZMONDO (2006)}}</ref><ref name="HandheldAR">{{cite web |url=http://www.cc.gatech.edu/classes/AY2009/cs4803_fall/ |title=AR Game Design Studio}}</ref>. Ljungman worked with Freer on the relaunch of the Gizmondo, with Freer calling him his "co-pilot".<ref name="giz"/>{{Unreliable source?|date=February 2016}} He traveled to China in early 2008 to arrange manufacturing,<ref name="businessman">{{cite web |url=http://www2.unt.se/article/1,1786,MC=77-AV_ID=725894,00.html?from=latestnav |title=Omskrivet företag satsar på nytt}}}{{Dead link|date=February 2016}}</ref> a contract purported to be worth $300M.<ref name="giz"/>{{Unreliable source?|date=February 2016}} The relaunch of [[Gizmondo]] never materialized.<ref name="droidgamer">{{cite web |url=http://www.droidgamers.com/index.php/game-news/android-game-news/1130-the-android-gaming-platform-that-never-was-gizmondo-2 |title=The Android gaming platform that never was: Gizmondo 2 |date=2011-01-16}}</ref>
In May 2008, [[Carl Freer]] bought Gizmondo Europe's intellectual property rights.<ref name="iprights">{{cite web |url=http://sandberghans.blogspot.com/2008/05/gizmondo-press-release-from-joint.html |title=Gizmondo Liquidators Wishes Carl Freer Good Speed}}</ref>{{Unreliable source?|date=February 2016}} Ljungman worked with Freer on the relaunch of the Gizmondo, with Freer calling him his "co-pilot".<ref name="giz"/>{{Unreliable source?|date=February 2016}} He traveled to China in early 2008 to arrange manufacturing,<ref name="businessman">{{cite web|url=http://www2.unt.se/article/1,1786,MC=77-AV_ID=725894,00.html?from=latestnav |title=Omskrivet företag satsar på nytt |url-status=dead |archiveurl=https://web.archive.org/web/20110809095436/http://www.unt.se/article/1%2C1786%2CMC%3D77-AV_ID%3D725894%2C00.html?from=latestnav |archivedate=August 9, 2011 }}</ref> a contract purported to be worth $300M.<ref name="giz"/>{{Unreliable source?|date=February 2016}} The relaunch of [[Gizmondo]] never materialized.<ref name="droidgamer">{{cite web |url=http://www.droidgamers.com/index.php/game-news/android-game-news/1130-the-android-gaming-platform-that-never-was-gizmondo-2 |title=The Android gaming platform that never was: Gizmondo 2 |date=January 16, 2011}}</ref>


==Conviction for false accounting==
==Conviction for false accounting==
Ljungman was arrested on October 19, 2004, but released shortly thereafter pending trial.<ref name="preform">{{cite web |url=http://www.aftonbladet.se/nyheter/article323691.ab |title=1,6 miljarder kroner försvann från bolaget - på ett halvår}}</ref> Ljungman was found guilty of false accounting and tax evasion on January 26, 2009. Ljungman initially received a two-year prison sentence;<ref name="Realtid">{{cite news|url=http://www.realtid.se/ArticlePages/200901/16/20090116103859_Realtid083/20090116103859_Realtid083.dbp.asp|title=Mikael Ljungman fick fängelse|last=Johansson|first=Sara|date=2009-01-26|publisher=Realtid.se|language=Swedish|quote=I dag kom domen mot Carl Freers kompanjon Mikael Ljungman. Han fick 10 månaders fängelse och näringsförbud.|accessdate=2009-01-29}}</ref> which was reduced to 10 months on appeal after the tax evasion charges were dismissed. The sentence included disqualification from running a company in Sweden for five years, which was reduced to three years starting from 2007 after the successful appeal.<ref name="verdict">{{cite web|url=http://www.realtid.se/ArticlePages/200901/16/20090116103859_Realtid083/20090116103859_Realtid083.dbp.asp?sAction=lk#k1 |title=Mikael Ljungman fick fängelse}}</ref> Ljungman's appeal went to the supreme court<ref name="appeal1">{{cite web |url=http://www.realtid.se/ArticlePages/200902/26/20090226115912_Realtid476/20090226115912_Realtid476.dbp.asp|title=Mikael Ljungman överklagar hovrättens dom|last=Johansson|first=Sara|date=2009-02-26|publisher=Realtid.se|language=Swedish|quote= Åklagaren har inte kunnat styrka brottet. Det menar Mikael Ljungmans advokat Leif Gustafsson. }}</ref> where it was denied<ref name="appeal2">{{cite web |url=http://www.realtid.se/ArticlePages/200903/18/20090318110802_Realtid128/20090318110802_Realtid128.dbp.asp|title=Klart i dag: Ljungman tvingas till fängelse|last=Johansson|first=Sara|date=2009-03-18|publisher=Realtid.se|language=Swedish}}</ref> and he was imprisoned in late April 2009.<ref name="itfactory-arrest">{{cite news |url=http://www.business.dk/article/20090427/ittele/90427079/ |title=Baggers partner anholdt |last=Bendtsen| first=Simon |date=2009-04-27 |publisher=Business dk |language=Danish |archivedate=28 April 2009|archiveurl=http://web.archive.org/web/20090428134821/http://www.business.dk/article/20090427/ittele/90427079/ |quote="Jeg tror, at han netop var startet med at afsone de 10 måneder. Han er så nu blevet overført til arresten, og så må vi se, hvornår vi kan få ham udleveret til Danmark," siger vicestatsadvokat Per Justesen.}}</ref>
Ljungman was arrested on 19 October 2004, but released shortly thereafter pending trial.<ref name="preform">{{cite web |url=http://www.aftonbladet.se/nyheter/article323691.ab |title=1,6 miljarder kronor försvann från bolaget – på ett halvår}}</ref> Ljungman was found guilty of false accounting and tax evasion on 26 January 2009. Ljungman initially received a two-year prison sentence;<ref name="Realtid">{{cite news|url=http://www.realtid.se/ArticlePages/200901/16/20090116103859_Realtid083/20090116103859_Realtid083.dbp.asp|title=Mikael Ljungman fick fängelse|last=Johansson|first=Sara|date=January 26, 2009|publisher=Realtid.se|language=Swedish|quote=I dag kom domen mot Carl Freers kompanjon Mikael Ljungman. Han fick 10 månaders fängelse och näringsförbud.|accessdate=January 29, 2009}}</ref> which was reduced to 10 months on appeal after the tax evasion charges were dismissed. The sentence included disqualification from running a company in Sweden for five years, which was reduced to three years starting from 2007 after the successful appeal.<ref name="verdict">{{cite web|url=http://www.realtid.se/ArticlePages/200901/16/20090116103859_Realtid083/20090116103859_Realtid083.dbp.asp?sAction=lk#k1 |title=Mikael Ljungman fick fängelse}}</ref> Ljungman's appeal went to the supreme court<ref name="appeal1">{{cite web |url=http://www.realtid.se/ArticlePages/200902/26/20090226115912_Realtid476/20090226115912_Realtid476.dbp.asp|title=Mikael Ljungman överklagar hovrättens dom|last=Johansson|first=Sara|date=February 26, 2009|publisher=Realtid.se|language=Swedish|quote= Åklagaren har inte kunnat styrka brottet. Det menar Mikael Ljungmans advokat Leif Gustafsson. }}</ref> where it was denied<ref name="appeal2">{{cite web |url=http://www.realtid.se/ArticlePages/200903/18/20090318110802_Realtid128/20090318110802_Realtid128.dbp.asp|title=Klart i dag: Ljungman tvingas till fängelse|last=Johansson|first=Sara|date=March 18, 2009|publisher=Realtid.se|language=Swedish}}</ref> and he was imprisoned in late April 2009.<ref name="itfactory-arrest">{{cite news |url=http://www.business.dk/article/20090427/ittele/90427079/ |title=Baggers partner anholdt |last=Bendtsen| first=Simon |date=April 27, 2009 |publisher=Business dk |language=Danish |archivedate=April 28, 2009|archiveurl=https://web.archive.org/web/20090428134821/http://www.business.dk/article/20090427/ittele/90427079/ |quote="Jeg tror, at han netop var startet med at afsone de 10 måneder. Han er så nu blevet overført til arresten, og så må vi se, hvornår vi kan få ham udleveret til Danmark," siger vicestatsadvokat Per Justesen.}}</ref>


==IT Factory scandal==
==IT Factory scandal==
In December 2008 Danish company [[IT Factory]] went bankrupt revealing systematic financial fraud. Ljungman was linked to IT Factory's [[Chief executive officer|CEO]] [[Stein Bagger]],<ref name="car">{{cite web |url=http://www.business.dk/article/20081208/ittele/712070136/ |archiveurl=http://web.archive.org/web/20081211052909/http://www.business.dk/article/20081208/ittele/712070136/ |archivedate=11 December 2011 |title=Svensk forretningsmand hjalp Stein Bagger i USA}}</ref> who went missing four days before the company's collapse was publicly announced.<ref name="suspect">{{cite news |url=http://www.realtid.se/ArticlePages/200903/17/20090317092653_Realtid057/20090317092653_Realtid057.dbp.asp |title=Dansk polis är beredda att efterlysa Ljungman |date=2009-03-17 |first=Sara |last=Johansson |publisher=Realtid.se |language=Swedish |quote=Den danska polisen har ännu inte lyckats förhöra Mikael Ljungman, som misstänks vara delaktig i Stein Bagger-härvan.}}</ref> Bagger fled from Dubai to the United States and eventually surrendered to police in Los Angeles, where he was found to have Ljungman's car and to have used his credit card.
In December 2008 Danish company [[IT Factory]] went bankrupt revealing systematic financial fraud. Ljungman was linked to IT Factory's CEO [[Stein Bagger]],<ref name="car">{{cite web |url=http://www.business.dk/article/20081208/ittele/712070136/ |archiveurl=https://web.archive.org/web/20081211052909/http://www.business.dk/article/20081208/ittele/712070136/ |archivedate=December 11, 2008 |title=Svensk forretningsmand hjalp Stein Bagger i USA}}</ref> who went missing four days before the company's collapse was publicly announced.<ref name="suspect">{{cite news |url=http://www.realtid.se/ArticlePages/200903/17/20090317092653_Realtid057/20090317092653_Realtid057.dbp.asp |title=Dansk polis är beredda att efterlysa Ljungman |date=March 17, 2009 |first=Sara |last=Johansson |publisher=Realtid.se |language=Swedish |quote=Den danska polisen har ännu inte lyckats förhöra Mikael Ljungman, som misstänks vara delaktig i Stein Bagger-härvan.}}</ref> Bagger fled from Dubai to the United States and eventually surrendered to police in Los Angeles, where he was found to have Ljungman's car and to have used his credit card.


On January 9, 2009, the Deputy Attorney in charge of fraud cases in Denmark announced that they wanted to question Ljungman.<ref name="questioning">{{cite web |url=http://www.realtid.se/ArticlePages/200901/09/20090109134818_Realtid957/20090109134818_Realtid957.dbp.asp |title=Dansk polis vill förhöra Mikael Ljungman}}</ref> Danish police sent out an arrest warrant for Ljungman via [[Interpol]]. He was arrested by Swedish police in [[Norrköping]] where he had just started his ten-month sentence in an open prison and was extradited to Denmark on 27 July 2009.<ref>{{cite web|author=Erik Wiman |url=http://www.aftonbladet.se/nyheter/article4783683.ab |title=Den svenske företagaren och miljonären Mikael Ljungman gäckar polisen |publisher=[[Aftonbladet]] |date=2009-03-31 |accessdate=2013-11-18}}</ref><ref>{{cite web|author=Af Simon Bendtsen 27. april 2009, 12:03 |url=http://www.business.dk/article/20090427/ittele/90427079/ |archivedate=28 April 2009|archiveurl=http://web.archive.org/web/20090428134821/http://www.business.dk/article/20090427/ittele/90427079/ |title=Baggers partner anholdt - Digital |publisher=[[Berlingske]] |date= |accessdate=2013-11-18}}</ref><ref>{{cite news |url=http://www.cphpost.dk/business/119-business/46406-baggers-partner-pleads-not-guilty.html |archiveurl=http://web.archive.org/web/20110807050211/http://www.cphpost.dk/business/119-business/46406-baggers-partner-pleads-not-guilty.html |archivedate=7 August 2011|title=Bagger's partner pleads not guilty |publisher=[[Copenhagen Post]] |date=2009-07-28}}</ref>
On 9 January 2009 the Deputy Attorney in charge of fraud cases in Denmark announced that they wanted to question Ljungman.<ref name="questioning">{{cite web |url=http://www.realtid.se/ArticlePages/200901/09/20090109134818_Realtid957/20090109134818_Realtid957.dbp.asp |title=Dansk polis vill förhöra Mikael Ljungman}}</ref> Danish police sent out an arrest warrant for Ljungman via [[Interpol]]. He was arrested by Swedish police in [[Norrköping]] where he had just started his ten-month sentence in an open prison and was extradited to Denmark on 27 July 2009.<ref>{{cite web|author=Erik Wiman |url=http://www.aftonbladet.se/nyheter/article4783683.ab |title=Den svenske företagaren och miljonären Mikael Ljungman gäckar polisen |work=[[Aftonbladet]] |date=March 31, 2009 |accessdate=November 18, 2013}}</ref><ref>{{cite web|author=Simon Bendtsen|date=April 27, 2009 |url=http://www.business.dk/article/20090427/ittele/90427079/ |archivedate=April 28, 2009|archiveurl=https://web.archive.org/web/20090428134821/http://www.business.dk/article/20090427/ittele/90427079/ |title=Baggers partner anholdt – Digital |work=[[Berlingske Tidende]] |accessdate=November 18, 2013}}</ref><ref>{{cite news |url=http://www.cphpost.dk/business/119-business/46406-baggers-partner-pleads-not-guilty.html |archiveurl=https://web.archive.org/web/20110807050211/http://www.cphpost.dk/business/119-business/46406-baggers-partner-pleads-not-guilty.html |archivedate=August 7, 2011|title=Bagger's partner pleads not guilty |work=[[The Copenhagen Post]] |date=July 28, 2009}}</ref>


Danish media claimed that the Swedish police had found a fake leasing contract linking IT Factory with Xiop, a Swedish company where Ljungman had worked as Business Developer. This specific claim was denied by the Swedish prosecutor Yngve Rydberg.<ref name="questioning"/> Yngve Rydberg also said at the time there was no suspicion of Ljungman being involved in the crimes being investigated in Sweden.<ref name="raid">{{cite web |url=http://www.realtid.se/ArticlePages/200812/22/20081222201417_Realtid281/20081222201417_Realtid281.dbp.asp |title=Åklagare gjorde razzia hos Mikael Ljungman-bolag}}</ref> On the first day of his trial Stein Bagger named Ljungman as his accomplice.<ref name="accomplice">{{cite news |url=http://www.cphpost.dk/news/crime/45916-bagger-points-finger-at-swedish-partner.html |archiveurl=http://web.archive.org/web/20111113143801/http://www.cphpost.dk/news/crime/45916-bagger-points-finger-at-swedish-partner.html |archivedate=13 November 2011 |title=Bagger points finger at Swedish partner |date=2009-06-10 |publisher=[[Copenhagen Post]]}}</ref>
Danish media claimed that the Swedish police had found a fake leasing contract linking IT Factory with Xiop, a Swedish company where Ljungman had worked as Business Developer. This specific claim was denied by the Swedish prosecutor Yngve Rydberg.<ref name="questioning"/> Yngve Rydberg also said at the time there was no suspicion of Ljungman being involved in the crimes being investigated in Sweden.<ref name="raid">{{cite web |url=http://www.realtid.se/ArticlePages/200812/22/20081222201417_Realtid281/20081222201417_Realtid281.dbp.asp |title=Åklagare gjorde razzia hos Mikael Ljungman-bolag}}</ref> On the first day of his trial Stein Bagger named Ljungman as his accomplice.<ref name="accomplice">{{cite news |url=http://www.cphpost.dk/news/crime/45916-bagger-points-finger-at-swedish-partner.html |archiveurl=https://web.archive.org/web/20111113143801/http://www.cphpost.dk/news/crime/45916-bagger-points-finger-at-swedish-partner.html |archivedate=November 13, 2011 |title=Bagger points finger at Swedish partner |date=June 10, 2009 |work=[[The Copenhagen Post]]}}</ref>


On 26 March 2010, Ljungman was convicted of involvement in the IT Factory fraud in Denmark,<ref name="it-charge">{{cite news |url=http://www.fyens.dk/article/1566299:Business-Fyn--Ljungman-anker-dommen-paa-seks-aars-faengsel |title=Ljungman anker dommen på seks års fængsel |publisher=Fyenske |date=2010-03-26}}</ref> and was released under supervision in September 2013 after serving slightly less than half of a seven-year sentence.<ref name="release-from-prison">{{cite news |url=http://www.business.dk/oekonomi/bagger-makker-kommer-ud-af-faengslet-0 |title=Bagger-makker kommer ud af fængslet |publisher=[[Berlingske]] |date=2013-09-20 |accessdate=2013-12-23}}</ref>
On 26 March 2010 Ljungman was convicted of involvement in the IT Factory fraud in Denmark,<ref name="it-charge">{{cite news |url=http://www.fyens.dk/article/1566299:Business-Fyn--Ljungman-anker-dommen-paa-seks-aars-faengsel |title=Ljungman anker dommen på seks års fængsel |publisher=Fyenske |date=March 26, 2010}}</ref> and was released under supervision in September 2013 after serving slightly less than half of a seven-year sentence.<ref name="release-from-prison">{{cite news |url=http://www.business.dk/oekonomi/bagger-makker-kommer-ud-af-faengslet-0 |title=Bagger-makker kommer ud af fængslet |work=[[Berlingske Tidende]] |date=September 20, 2013 |accessdate=December 23, 2013}}</ref>


Ljungman denied involvement in Stein Bagger's fraud and appealed his sentence,<ref>{{cite web|url=http://www.fyens.dk/article/1566299:Business-Fyn--Ljungman-anker-dommen-paa-seks-aars-faengsel |title=Ljungman anker dommen pl' seks l'rs fc'ngsel |publisher=[[Fyens Stiftstidende]] |date= |accessdate=2013-11-18}}</ref> however as of the time of his supervised release, no successful appeal had been completed. Ljungman claimed he was interested in IT Factory's software ''PaaS'',<ref name="buy out">{{cite web |url=http://www.realtid.se/ArticlePages/200901/26/20090126154337_Realtid235/20090126154337_Realtid235.dbp.asp|title=Vi funderar på att överklaga domen |last=Johansson|first=Sara|date=2009-01-26|publisher=Realtid.se|language=Swedish|quote= Utredningen stödjer helt enkelt inte att han har gjort de brott som åklagaren påstår. }}</ref> that he and Media Power tried to buy when IT Factory was liquidated. The software was instead sold to a German company.<ref name="Paas">{{cite web |url=http://bizzen.blogs.business.dk/2009/02/25/tysk-k%c3%b8ber-af-it-factorys-flagskib-software-overlever/|title=Tysk køber af IT Factorys software. Mikael Ljungman fik nej}}</ref>
Ljungman denied involvement in Stein Bagger's fraud and appealed his sentence,<ref>{{cite web|url=http://www.fyens.dk/article/1566299:Business-Fyn--Ljungman-anker-dommen-paa-seks-aars-faengsel |title=Ljungman anker dommen pl' seks l'rs fc'ngsel |publisher=[[Fyens Stiftstidende]] |accessdate=November 18, 2013}}</ref> however as of the time of his supervised release, no successful appeal had been completed. Ljungman claimed he was interested in IT Factory's software ''PaaS'',<ref name="buy out">{{cite web |url=http://www.realtid.se/ArticlePages/200901/26/20090126154337_Realtid235/20090126154337_Realtid235.dbp.asp|title=Vi funderar på att överklaga domen |last=Johansson|first=Sara|date=January 26, 2009|publisher=Realtid.se|language=Swedish|quote= Utredningen stödjer helt enkelt inte att han har gjort de brott som åklagaren påstår. }}</ref> that he and Media Power tried to buy when IT Factory was liquidated. The software was instead sold to a German company.<ref name="Paas">{{cite web |url=http://bizzen.blogs.business.dk/2009/02/25/tysk-k%c3%b8ber-af-it-factorys-flagskib-software-overlever/|title=Tysk køber af IT Factorys software. Mikael Ljungman fik nej}}</ref>


In December 2012, Danish authorities recovered a portion of the money stolen from IT Factory from accounts in Hong Kong and Jersey belonging to Mikael Ljungman.<ref name="cp2012">{{cite news |url=http://cphpost.dk/news/stolen-millions-confiscated-from-bagger-accomplice.3697.html |title=Stolen millions confiscated from Bagger accomplice |publisher=Copenhagen Post |quote=2.3 million kroner, hidden by Mikael Ljungman in accounts in Jersey and Hong Kong, are set to return to Denmark }}</ref>
In December 2012, Danish authorities recovered a portion of the money stolen from IT Factory from accounts in Hong Kong and Jersey belonging to Mikael Ljungman.<ref name="cp2012">{{cite news |url=http://cphpost.dk/news/stolen-millions-confiscated-from-bagger-accomplice.3697.html |title=Stolen millions confiscated from Bagger accomplice |work=The Copenhagen Post |quote=2.3&nbsp;million kroner, hidden by Mikael Ljungman in accounts in Jersey and Hong Kong, are set to return to Denmark }}</ref>


==Political activity==
==Political activity==
Shortly after he had served his prison term he was selected as parliamentary candidate for the [[Christian Democrats (Sweden)|Christian Democrats]] in the 2014 Swedish elections as well as their representative in the municipal elections and county council elections.<ref name="Parliament Election 2014_2">{{cite news |url=http://www.aftonbladet.se/nyheter/article19057212.ab |title=Känd brottsling på KD:s riksdagslista |trans_title=Known criminal on KD's parliamentary list |newspaper=Aftonbladet |language=Swedish |date=15 June 2014}}</ref>
Shortly after he had served his prison term he was selected as a parliamentary candidate for the [[Christian Democrats (Sweden)|Christian Democrats]] in the 2014 Swedish elections as well as one of their representatives in the municipal elections and county council elections.<ref name="Parliament Election 2014_2"/>


==References==
==References==
{{reflist|colwidth=30em}}
{{reflist|colwidth=30em}}


{{Authority control}}
==External links==
*[https://www.facebook.com/mpljungman/ Mikael Ljungman official polititian Facebook page]


{{Persondata
| NAME =Ljungman, Mikael
| ALTERNATIVE NAMES =
| SHORT DESCRIPTION =Businessman, inventor
| DATE OF BIRTH =1963-11-25
| PLACE OF BIRTH =
| DATE OF DEATH =
| PLACE OF DEATH =
}}
{{DEFAULTSORT:Ljungman, Mikael}}
{{DEFAULTSORT:Ljungman, Mikael}}
[[Category:Swedish businesspeople]]
[[Category:Swedish corporate directors]]
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[[Category:Businesspeople in computing]]
[[Category:Businesspeople in computing]]
[[Category:Swedish politicians]]
[[Category:21st-century Swedish politicians]]
[[Category:Stockholm University alumni]]
[[Category:Stockholm University alumni]]
[[Category:People from Stockholm]]
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[[Category:Swedish politicians convicted of crimes]]

Latest revision as of 02:28, 8 April 2024

Mikael Ljungman
Born (1963-11-25) 25 November 1963 (age 61)
Östermalm, Stockholm, Sweden
NationalitySwedish
EducationLawyer, Political Scientist
OccupationBusinessman

Mikael Ljungman (born 25 November 1963) is a Swedish politician, lawyer and businessman. He was 2009–2010 convicted of fraud and false accounting related to his business activities, for which he served a two-year prison term.[1] He is also known for his association and involvement with two high-profile tech failures: the game console manufacturer Gizmondo in 2005 and IT Factory in 2008. After his release from prison, Ljungman became active in the Christian Democrats legal policy network.[2] He was selected as a Christian Democrats parliamentary candidate for the 2014 Swedish elections, as number 32 on their Stockholm candidate list.[3]

Education

[edit]

Mikael Ljungman has a Masters of Laws (LL.M.)[4][unreliable source?] from Stockholm University. He also studied political science.[2]

Association with Gizmondo

[edit]

Ljungman's company 3P PreForm Marketing and Research began performing research and development work for Gizmondo Europe in 2003[5][6] and was paid $7.6 million.[7][unreliable source?] After Gizmondo Europe's bankruptcy in early 2006, the liquidators had outstanding questions about Ljungman and his company's involvement with Gizmondo Europe Ltd; they were perfectly satisfied with Ljungman's answers.[6][unreliable source?] In May 2008, Carl Freer bought Gizmondo Europe's intellectual property rights.[8][unreliable source?] Ljungman worked with Freer on the relaunch of the Gizmondo, with Freer calling him his "co-pilot".[6][unreliable source?] He traveled to China in early 2008 to arrange manufacturing,[9] a contract purported to be worth $300M.[6][unreliable source?] The relaunch of Gizmondo never materialized.[10]

Conviction for false accounting

[edit]

Ljungman was arrested on 19 October 2004, but released shortly thereafter pending trial.[11] Ljungman was found guilty of false accounting and tax evasion on 26 January 2009. Ljungman initially received a two-year prison sentence;[12] which was reduced to 10 months on appeal after the tax evasion charges were dismissed. The sentence included disqualification from running a company in Sweden for five years, which was reduced to three years starting from 2007 after the successful appeal.[13] Ljungman's appeal went to the supreme court[14] where it was denied[15] and he was imprisoned in late April 2009.[16]

IT Factory scandal

[edit]

In December 2008 Danish company IT Factory went bankrupt revealing systematic financial fraud. Ljungman was linked to IT Factory's CEO Stein Bagger,[17] who went missing four days before the company's collapse was publicly announced.[18] Bagger fled from Dubai to the United States and eventually surrendered to police in Los Angeles, where he was found to have Ljungman's car and to have used his credit card.

On 9 January 2009 the Deputy Attorney in charge of fraud cases in Denmark announced that they wanted to question Ljungman.[19] Danish police sent out an arrest warrant for Ljungman via Interpol. He was arrested by Swedish police in Norrköping where he had just started his ten-month sentence in an open prison and was extradited to Denmark on 27 July 2009.[20][21][22]

Danish media claimed that the Swedish police had found a fake leasing contract linking IT Factory with Xiop, a Swedish company where Ljungman had worked as Business Developer. This specific claim was denied by the Swedish prosecutor Yngve Rydberg.[19] Yngve Rydberg also said at the time there was no suspicion of Ljungman being involved in the crimes being investigated in Sweden.[23] On the first day of his trial Stein Bagger named Ljungman as his accomplice.[24]

On 26 March 2010 Ljungman was convicted of involvement in the IT Factory fraud in Denmark,[25] and was released under supervision in September 2013 after serving slightly less than half of a seven-year sentence.[26]

Ljungman denied involvement in Stein Bagger's fraud and appealed his sentence,[27] however as of the time of his supervised release, no successful appeal had been completed. Ljungman claimed he was interested in IT Factory's software PaaS,[28] that he and Media Power tried to buy when IT Factory was liquidated. The software was instead sold to a German company.[29]

In December 2012, Danish authorities recovered a portion of the money stolen from IT Factory from accounts in Hong Kong and Jersey belonging to Mikael Ljungman.[30]

Political activity

[edit]

Shortly after he had served his prison term he was selected as a parliamentary candidate for the Christian Democrats in the 2014 Swedish elections as well as one of their representatives in the municipal elections and county council elections.[3]

References

[edit]
  1. ^ "Six-year sentence for Ljungman". March 26, 2010.
  2. ^ a b "Bagger-makker kommer ud af fængslet".
  3. ^ a b "Känd brottsling på KD:s riksdagslista" [Known criminal on KD's parliamentary list]. Aftonbladet (in Swedish). June 15, 2014.
  4. ^ "Ballot Papers Election 2014".
  5. ^ Olle Blomkvist (December 22, 2005). "Gizmondos svenska partner åtalas". Realtid.se. Archived from the original on February 5, 2016.
  6. ^ a b c d "Carl Freer: Gizmondo arrives in late 2008".
  7. ^ "TIGER TELEMATICS INC – TGTL Quarterly Report (10-Q)".
  8. ^ "Gizmondo Liquidators Wishes Carl Freer Good Speed".
  9. ^ "Omskrivet företag satsar på nytt". Archived from the original on August 9, 2011.
  10. ^ "The Android gaming platform that never was: Gizmondo 2". January 16, 2011.
  11. ^ "1,6 miljarder kronor försvann från bolaget – på ett halvår".
  12. ^ Johansson, Sara (January 26, 2009). "Mikael Ljungman fick fängelse" (in Swedish). Realtid.se. Retrieved January 29, 2009. I dag kom domen mot Carl Freers kompanjon Mikael Ljungman. Han fick 10 månaders fängelse och näringsförbud.
  13. ^ "Mikael Ljungman fick fängelse".
  14. ^ Johansson, Sara (February 26, 2009). "Mikael Ljungman överklagar hovrättens dom" (in Swedish). Realtid.se. Åklagaren har inte kunnat styrka brottet. Det menar Mikael Ljungmans advokat Leif Gustafsson.
  15. ^ Johansson, Sara (March 18, 2009). "Klart i dag: Ljungman tvingas till fängelse" (in Swedish). Realtid.se.
  16. ^ Bendtsen, Simon (April 27, 2009). "Baggers partner anholdt" (in Danish). Business dk. Archived from the original on April 28, 2009. "Jeg tror, at han netop var startet med at afsone de 10 måneder. Han er så nu blevet overført til arresten, og så må vi se, hvornår vi kan få ham udleveret til Danmark," siger vicestatsadvokat Per Justesen.
  17. ^ "Svensk forretningsmand hjalp Stein Bagger i USA". Archived from the original on December 11, 2008.
  18. ^ Johansson, Sara (March 17, 2009). "Dansk polis är beredda att efterlysa Ljungman" (in Swedish). Realtid.se. Den danska polisen har ännu inte lyckats förhöra Mikael Ljungman, som misstänks vara delaktig i Stein Bagger-härvan.
  19. ^ a b "Dansk polis vill förhöra Mikael Ljungman".
  20. ^ Erik Wiman (March 31, 2009). "Den svenske företagaren och miljonären Mikael Ljungman gäckar polisen". Aftonbladet. Retrieved November 18, 2013.
  21. ^ Simon Bendtsen (April 27, 2009). "Baggers partner anholdt – Digital". Berlingske Tidende. Archived from the original on April 28, 2009. Retrieved November 18, 2013.
  22. ^ "Bagger's partner pleads not guilty". The Copenhagen Post. July 28, 2009. Archived from the original on August 7, 2011.
  23. ^ "Åklagare gjorde razzia hos Mikael Ljungman-bolag".
  24. ^ "Bagger points finger at Swedish partner". The Copenhagen Post. June 10, 2009. Archived from the original on November 13, 2011.
  25. ^ "Ljungman anker dommen på seks års fængsel". Fyenske. March 26, 2010.
  26. ^ "Bagger-makker kommer ud af fængslet". Berlingske Tidende. September 20, 2013. Retrieved December 23, 2013.
  27. ^ "Ljungman anker dommen pl' seks l'rs fc'ngsel". Fyens Stiftstidende. Retrieved November 18, 2013.
  28. ^ Johansson, Sara (January 26, 2009). "Vi funderar på att överklaga domen" (in Swedish). Realtid.se. Utredningen stödjer helt enkelt inte att han har gjort de brott som åklagaren påstår.
  29. ^ "Tysk køber af IT Factorys software. Mikael Ljungman fik nej".
  30. ^ "Stolen millions confiscated from Bagger accomplice". The Copenhagen Post. 2.3 million kroner, hidden by Mikael Ljungman in accounts in Jersey and Hong Kong, are set to return to Denmark
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