Russian citizen sentenced to jail for attempted $3.5 billion fraud in Denmark

A 53-year-old Russian citizen has been sentenced to three years in prison for an attempted $3.5 billion fraud against the Danish National Bank, Danish police said in a statement on Wednesday.

The man was arrested in October last year after he entered the National Bank with fake documents, claiming to be a representative from an investment company, Reuters reports.

"The investigation has indicated that there were attempts of serious fraud and particularly severe document forgery, which the court agreed with," Magnus Petersen, an assistant prosecutor from the Danish prosecution authority, said in a statement.