This is how money is earned in Switzerland through company bankruptcy

For years, a criminal network has made money with bankruptcy companies. Now a pensioner is convicted: It is bankrupting more than 120 companies, writing foreign media, records Albinfo.ch. Last year, there were 13,000 bankruptcy procedures in Switzerland for companies and private companies. This record number is surprising, as the economy is [...]
Last year, there were 13,000 bankruptcy procedures in Switzerland for companies and private companies. This record number is surprising, as the economy is going well. Above all, they're being desperately sought, but they're the most common among the losers.
Not every company failure is due to a bad business. This can also be encountered in the deliberately introduced <x0). The last “, bankruptcy of companies has become a real criminal sector”, she says.
An author of this scene had to answer Thursday at the Zurich District Court. The 67-year-old was described by investigators as the head of a criminal network of companies and mediators. The retired manager considers this description to be completely exaggerated, he says. For years, it had helped over-indebted societies mostly microconvention in the transport, cleaning, building and gastronomy sector. As the indictment shows, many US and GmbH owners came from a Balkan country. The Actakuz has registered 126 companies the accused has spent on so-called corporate founders between 2010 and 2015. He took care of all the formalities and cashed in between 3000 and 6,000 francs. He also paid about 500 to 1,500 francs to the founders of the company. On the other hand, they took over the over-indebted society, informs Albinfo.ch.
But by delaying bankruptcy, they continued to order goods on behalf of the company. To hide the former owner's traces and ensure credit capacity, names, purpose and headquarters were also changed.
Such buildings have not been prosecuted for a long time because they are not given any attention, says Andrea Höhener, forward Albinfo.ch. Deceptions were discovered by Cyril Cantonal Police during an investigation into a drug case. When it was found to be manipulated even with bankruptcy companies, causing economic losses of up to 1 billion francs, police began investigating this phenomenon with a special commission in 2014. Today, it is worked together with bankruptcy and registration offices in Switzerland. Criminal charges have increased significantly.
The 67-year-old accused, the same, has been convicted of inciting mismanagement. His 189,000 francs won Honor should give to the State. Of the 22 months in prison, he has been accounted for nine months' detention, while the remainder is conditional, Albinfo.ch reports.
The accused struck a deal with the prosecutor so that the procedure could be cut. He is still being traumatised by detention, the pensioner says.











