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Tomo Razmilovic

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Razmilovic, as shown on a U.S. Postal Inspection Service wanted poster. Photo taken 1994.

Tomo Razmilovic (born 31 May 1942) is a businessman from the United States, formerly the chief executive officer of Long Island, New York-based Symbol Technologies. Currently, the United States Government considers him a fugitive, with the United States Postal Inspection Service offering a $100,000 reward for information leading to his arrest and conviction.

Born in Split, Croatia, Razmilovic studied electrical engineering at the University of Zagreb and management at the Hammond Institute in Sweden. He obtained Swedish citizenship in 1971.

Razmilovic had been Symbol's Senior Vice President of International Operations since 1989 before becoming president and CEO in 2000. Previously, he had been president of International Computers Limited, a British computer manufacturer, and president and CEO of Cominvest, a Swedish computer company.

On 28 May 2004, an arrest warrant for Razmilovic was issued by the United States District Court in Brooklyn, New York. According to the United States Postal Inspection Service, he is wanted for "carrying out a securities-related accounting fraud scheme wherein the investing public lost more than $200 million." He fled to Sweden, citing "doubts" about the "American judicial system". In 2008, Forbes Magazine named Razmilovic one of the "World's Most Wanted White-Collar Fugitives".

In October 2011, the Securities and Exchange Commission received a judgement against Razmilovic ordering him to disgorge $41.7 million in gains from the alleged fraud, plus $20.8 million in penalties and up to $27 million in back interest, in addition to banning Razmilovic from ever again serving as an officer of a public company.

Notes

  1. "Wanted Poster of Tomo Razmilovic". Retrieved 17 February 2012.
  2. Tagliaferro, Linda (19 May 1996). "Long Island Q&A: Tomo Razmilovic, Moving From Bar Codes to Advances in Communications". The New York Times. Retrieved 1 March 2012.
  3. ^
  4. ^ Harrington, Mark. "Fugitive ex-CEO faces $90M civil penalty". Newsday. Retrieved 17 February 2012.
  5. Vardi, Nathan. "The World's Most Wanted White-Collar Fugutives". Forbes.com. Retrieved 17 February 2012. {{cite web}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)

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