14 Facts About Tomo Razmilovic

Tomo Razmilovic was born on 31 May 1942 and is a Croatian-born Swedish businessman, formerly the CEO of Long Island, New York-based Symbol Technologies.

Tomo Razmilovic is the suspected mastermind of a massive accounting fraud that ultimately cost the company its independence.

Tomo Razmilovic joined Symbol in 1989 as Senior Vice President of International Operations, becoming head of Worldwide Sales and Service in 1993 and president and chief operating officer in 1995.

Tomo Razmilovic succeeded founder Jerome Swartz as CEO in 2000.

Tomo Razmilovic abruptly retired in 2002 in the midst of a Securities and Exchange Commission inquiry into its accounting practices.

On 28 May 2004 an arrest warrant for Tomo Razmilovic was issued by the United States District Court in Brooklyn.

Several of those who pleaded guilty stated under oath that Tomo Razmilovic was the mastermind of the fraud.

Tomo Razmilovic never recovered, and was ultimately forced to merge with Motorola in 2007.

Tomo Razmilovic was not heard from again until 2004, when WNBC in New York City and Newsday, the main newspaper on Long Island, found him living in a small town in Sweden.

Tomo Razmilovic absconded back to Sweden, where he holds citizenship, claiming he would not be able to get a fair trial in the United States.

In 2011, federal judge Sandra J Feuerstein ordered Razmilovic to disgorge $41.7 million in illegal profits and pay a $20.8 million civil penalty.

Tomo Razmilovic is banned from ever serving as an officer or director of a public company again.

On 17 January 2014 federal prosecutors on Long Island filed a civil suit seeking the forfeiture of $12 million in illegal profits that they believe Tomo Razmilovic has hidden in a Credit Suisse account.

Tomo Razmilovic has stated that he has no intention of returning to the United States to face the charges against him.