Latest Articles
May 2, 2025
Kasi-Jesper accuses Pandora of fraud. Now the police have questioned employees of the jewelry giant
Businessman Jesper "Kasi" Nielsen has reported his former employer, Pandora, to the police for gross fraud. The jewelry giant denies all charges, but tells Berlingske that it has handed over material to the police and participated in interrogations.
Apr 2, 2025
Kasi case: The mastermind police, NSK, need more investigation time – extends the statute of limitations
NSK, the Danish Anti-Corruption Police, has recently questioned even more people with current or former connections to Pandora. According to the information, the original statute of limitations of ten years was exceeded last week. However, the Anti-Corruption Police has chosen to continue the investigation after an extension of the statute of limitations.
Journalist Lars Abild explains what it takes to get the statute of limitations extended
Mar 25, 2025
Kasi case: NSK closer to evidence breakthrough with the help of the court
The showdown between Pandora and Kasi ApS is now getting even more intense: So far, the investigation by both NSK, the fraud police, and curator Boris Frederiksen in the bankruptcy estate of Kasi ApS has reportedly been slowed down by the fact that they could not obtain key documents regarding the controversial earn-out agreement, as well as documentation for historical bonus payments to senior employees in Pandora. Økonomisk Ugebrev has learned that NSK has now received assistance from the courts to obtain new key documents in the case, which could be crucial in the further course of events, writes journalist Lars Abild
Mar 11, 2025
The fraud police have questioned Pandora employees about bonus agreements and earn-out basis.
The case of the multi-million dollar dispute between Jesper Kasi Nielsen and Pandora over an earnout of a three-digit million continues to develop: Several former and current senior employees at Pandora have been questioned by the Danish Fraud Investigations Police, also known as NSK, in the past month. The Chief Commercial Officer of the parent company Pandora is one of them.
Oct 25, 2024
Mystery about double-entry bookkeeping in Pandora leading up to Kasi-earn-out
In the case of Kasi-Jesper's earn-out after his Pandora exit back in 2014, Økonomisk Ugebrev can now reveal that Pandora's management deducted 400 million DKK from the real EBITDA profit in the European subsidiary, so that the official operating profit ended up significantly lower at 150 million DKK. Pandora now explains that a so-called "markup", a wholesale profit, was deducted to arrive at the official accounting result. Jesper Nielsen, alias Kasi-Jesper, now tells Økonomisk Ugebrev that he has never heard of a special markup that was to be deducted from the operating profit in the company, which at the time was 100 percent owned by Pandora, writes journalist Lars Abild.
Oct 2, 2024
Kasi bankruptcy estate is being tried to be opened in the High Court
The Maritime and Commercial Court refused to open the bankruptcy estate of Kasi ApS, but the case has now been appealed to the Eastern High Court. According to information from Økonomisk Ugebrev, new documents are being presented in the case that were not included in the first arbitration. And new interesting players are involved – the largest creditor Brøndby IF in the estate and the former auditors. Økonomisk Ugebrev documents here what one of the big questions is, writes journalist Lars Abild.
Aug 8, 2024
Kasi-Jesper eyes new billion-dollar fight with Pandora – wants silent top executives to testify.
He lost a fight over a billion-dollar sum to Pandora in 2021. But now Jesper »Kasi« Nielsen wants the case reopened after previously unknown witnesses plan to come forward. Pandora denies all charges.
