Reports indicate that the Finnish authorities confiscated approximately 2.6 million dollars’ worth of high-end watches from Richard Schueler, also known as Richard Heart, a man currently sought by Finnish law enforcement on charges of tax evasion and assault.
In response to reports by Yleisradio Oy (Yle), a Finnish news outlet, it was disclosed on January 7th that police confiscated approximately 20 high-end watches, primarily Rolex models, from a city of Espoo residence. These watches are suspected to belong to Schueler.
According to both receipts and a luxury goods specialist’s assessment, the total worth of the watches amounted to approximately 2.68 million dollars.
Many of the watches were bought in Finland, and a few were purchased in the United States.
Inspector Harri Saaristola, leading the probe on Schueler’s case, shared with Yle that the police managed to locate Schueler’s discarded watches using their own intelligence operations.
On September 13th, Schueler was taken into police custody by Finnish officials due to accusations of tax evasion and physical violence. Yet, the appropriate authorities have so far failed to find him.
It’s suspected that Student has been avoiding taxes from June 2, 2020, up until April 2, 2024, and is also accused of committing an assault on February 16 or 17, 2021.
On Dec. 22, Interpol issued a “Red Notice” for Schueler based on the same allegations.
Additionally, Schueler was also featured on a list of Europe’s top fugitives, which provided more extensive details about the accusations against him. It was claimed that he violently attacked a 16-year-old individual by pulling their hair, forcing them into a stairwell, and causing them to fall to the ground.
Schueler’s alleged unpaid Finnish taxes could total “numerous hundreds of millions of euros,” according to speculation, whereas the government forecasted his 2023 earnings at approximately 15.2 million euros (equivalent to $16.9 million).
Although the authorities haven’t been able to determine Schueler’s current whereabouts, he remains visible on social media platforms, consistently advocating for his cryptocurrency, HEX (HEX), on X and posting videos on his YouTube channel.
In addition to the charges, a student is also being accused by the U.S. Securities and Exchange Commission. They filed a lawsuit against him in July 2023, claiming that three tokens his companies produced – Hex (HEX), PulseChain (PLS), and PulseX (PSLX) – were unregistered securities which collectively raised more than $1 billion.
The SEC claimed that certain funds were instead spent on personal purchases, including a large 555-carat diamond, costly timepieces, and luxury vehicles.
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2025-01-08 04:52