Three Crowd1 Scammers Jailed in Sweden for Money Laundering
Sweden’s Stockholm District Court has sentenced three key figures in the Three Crowd1 Scammers Ponzi scheme to prison for corporate money laundering, marking a significant crackdown on the scam that defrauded millions.
Prison Sentences Handed Down
Following a November 2022 raid on Crowd1’s Stockholm offices, six individuals faced charges for laundering ~200 million SEK (~$20.8 million USD) from March 2021 to December 2022. On May 30, 2025, the court delivered its verdict:
- Ann-Christine Sigvardsson: 4 years in prison
- Johan Westerdahl: 3 years and 6 months
- Natalie von Greyerz: 3 years and 6 months
Jens Lorentsson, Anneli Lundell, and Conny Otteland were acquitted due to insufficient evidence of their direct involvement, with the state ordered to cover their costs. The funds were funneled through shell companies like Impact Crowd Technology and ICT Ekonomi.
Crowd1’s Deceptive Operations
Crowd1, co-founded by Tor Anders Petteroe (Norway) and Jonas Werner (Sweden), has long been criticized for its pyramid-like structure. The court noted that multiple banks, including FNB Bank (South Africa) and Singular Bank (Spain), shut down Crowd1’s accounts, signaling likely fraudulent activity. Despite the convictions, Jonas Werner continues to operate the rebranded “C1” from Dubai, while Petteroe’s whereabouts remain unknown.
Ongoing Concerns
Three Crowd1 Scammers practices persist, promoted through platforms like BusinessForHome, now owned by Armand Puyolt, a board member of the Association of Network Marketing Professionals (ANMP). Whether this reflects ANMP’s stance on MLM Ponzi schemes remains unclear. Stay tuned for updates as this case evolves.