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Uros Founders Face Gross Aid Fraud Charges in Finland: Hallikai and Uharia to be Tried for Product Development Loans Misuse

ByEditor

Feb 13, 2024
A male goes on trial for allegedly obtaining millions in development loans with false information

The trial of suspected crimes in the operations of Uros begins today in the district court. The founders of the technology company, Jyrki Hallikai and Tommi Uharia, are accused of gross aid fraud. The police have previously said that the suspects denied the acts during the preliminary investigation.

The case concerns product development loans and grants worth more than six million euros in total, which Uros received from Business Finland in the 2010s. At the time of the alleged crime in 2011-2015, Uhari was the company’s CEO and Hallikainen was the chairman of the board. Uhari left Uros some years ago, while Hallikainen has been the main owner of Uros since then.

Uros was declared bankrupt at the beginning of 2022. In its bankruptcy decision,

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