"Many Photos" - Two British businessmen face months in solitary confinement in Sweden ahead of £70million fraud case

Two British fund managers, one with a serious heart condition, are set to be extradited to Sweden, where they face months in solitary confinement.

A UK court has cleared the way for the businessmen to be sent for trial over an alleged £70million fraud on a Swedish pension scheme.

Anthony Farrell, 51, from Newcastle-under-Lyme, and Christopher Thomas, 63, from Cranberry, both in Staffordshire, deny any wrongdoing.

Anthony Farrell (above) and his former colleague Christopher Thomas are fighting extradition to Sweden. They say prosecutors' plans to put them in solitary confinement to stop them colluding is a breach of their human rights

Scandinavian prosecutors say both men will be held in solitary confinement until their trial – which could be 18 months away – to prevent them colluding.

Their lawyers argued this is a breach of their human rights at Westminster Magistrates' Court.

Mr Thomas, a father of teenage children, suffered a severe heart attack in 2012 and has stents for ongoing chest pains. Mr Farrell was the chief executive and Mr Thomas a portfolio manager at Malta-based Temple Asset Management.

TAM managed investments for Falcon Funds, a £213million pension fund. But its dominant investor, the Swedish Pensions Authority, suffered losses of £70million in 2017 and launched a criminal investigation, accusing Falcon and TAM of defrauding 22,000 pension investors.

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News Photo Two British businessmen face months in solitary confinement in Sweden ahead of £70million fraud case
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