Directors Easy Life sentenced to five years cell

Tuesday 20 March 2012
DEN BOSCH – On Tuesday Justice in Den Bosch demanded more than five years against directors John Wolbers and Frans Oosterbosch of Easy Life. The Helmond investment firm is accused to have scammed hundreds of investors.

A total of 42 million euro was put into Easy Life. But the company invested only 9 million in American life insurances. According to Justice millions went to the directors and their extravagant lifestyles.Two other managers of Easy Life heard their sentence already two years ago. The officer wants them to go to prison for 3.5 and 4 years. The two other directors have been waiting for two years on a judgment. One of the top guys of Easy Life, commercial manager Frits Rijnaard, also spoke on Tuesday morning. He was in tears. “I am not behind bars, but I am living in a financial and social isolation”. He also complained about the long waiting time. The investigation of KPMG would prove that Frans Oosterbosch spent the most money of Easy-Life investors. About ten million, of which EUR 1.5 million privately. John Wolbers is supposed to also have spent two million including 600.000 euro privately. On 26 April the Court will pronounce the verdict for all four board members of Easy Life. Source: Omroep Brabant


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