“Deliberately switched off the free market”
The court found the broker guilty of serious fraud, breach of trust and giving false evidence. She was sentenced to 24 months, 16 of which were conditional. The real estate developers suspended 36 months, of which 24 were conditional, and 24 months (of which 16 were conditional) for serious fraud. The two lawyers were each sentenced to 18 months, twelve of which were conditional, for serious fraud – and one also for making false statements. These five people “deliberately shut down the free market,” it said in the reasons for the judgment. The real estate company, as an association liable for its directors, was sentenced to a fine of 2,000 euros.