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Sweden Today

Swedish news in English

Saturday, November 23, 2024

Swedbank Executive Caught in Russian Honeytrap

Published: 2024-05-03

In a startling revelation from the book “Honungsfällan” by Axel Gordh Humlesjö and Lars Berge, it has been uncovered that the Russian intelligence service, FSB, successfully infiltrated Swedbank through a classic honeytrap.

A Swedbank official, referred to as “Peter” in the book, entered into a relationship with a woman, “Jelena,” who was later revealed to be working for the FSB.

Their marriage allowed the FSB to gain insights into the Swedish bank's leadership.

The book details how the FSB collected extensive compromising material on Peter, including information about sexual preferences and corporate secrets, which could potentially be used for blackmail.

This intricate espionage narrative highlights how personal vulnerabilities can be exploited by foreign intelligence to infiltrate key national institutions.