How to Pronounce Jørn Ronnie Tagge
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Jun 02, 1969 54 years old
Norwegian businessman
GeminiJørn Ronnie Tagge - Place of Birth, Date of Birth, Age, Wiki, Facts, Net Worth, Birthday, Biography and Family
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About Jørn Ronnie Tagge
- T5PC (or The 5 Percent Community) was a controversial Norwegian Multi-level marketing company that went bankrupt in November 2004. As per November 2004, it had among 50,000 members (Although most papers write 70.000, this was the counting of the exact account, it is more likely that the number is 50.000), and it is claimed that its members lost as much as 1 billion NOK ($160 million), thus making it one of the biggest economic frauds in Norwegian history.An investigation was undertaken by Økokrim.
- Bankers complained that they had alerted Økokrim about problems with T5PC as early as summer 2003.
- In 2006 Økokrim indicted 4 people involved with T5PC for breach of trust with fraudulent intent.Some of the main individuals responsible, including Henrik Ellefsen and Jørn Ronnie Tagge, were convicted on charges of fraud in December 2007.
