Securitas CEO Declared ‘Bankrupt’ After Identity Theft

July 12, 2017, 5:40 PM UTC
Alf Goransson
Photographer: Eric Piermont/AFP/Getty Images

The man running Sweden’s biggest security firm was declared bankrupt this week after his identity was hacked.

Though the sub-optimal branding implications were hard to miss, Securitas AB was able to put the whole awkward incident behind it by the end of the day.

Alf Goransson, the company’s 59-year-old chief executive officer since 2007, won an appeal of the July 10 bankruptcy decision by the Stockholm District Court, according to a statement late Wednesday. The perpetrator used the CEO’s identity to seek a loan of an undisclosed amount, after which a bankruptcy application was filed in his name. The ...

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