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Netflix announced today the new documentary feature Trustor (working title), about the Trustor affair, one of the largest financial cases in Swedish history.

Trustor
Trustor — Photo credit: Ari Willey / Netflix © 2024 Netflix, Inc

I’d never heard of the Trustor affair, at least not that I recall, until I read the announcement about Netflix’s new documentary film Trustor. In essence, the Trustor affair was a major case of fraud in which 600 million kronor (~ US$57.3 million in today’s value) was stolen from Swedish investment company Trustor AB in 1997.

Of the individuals who committed the crime, financier Joachim Posener — the central figure in the documentary — is said to have been the mastermind who made off with 46 million kronor. He managed to escape capture by the Swedish police and Interpol for a decade before the statute of limitations ran out and he could no longer be prosecuted.

Although Posener became a “free” man in 2007, he only recently emerged from hiding and allowed himself to be interviewed about his life and the Trustor affair for the film Trustor — twenty-seven years after he vanished and was put on the international most wanted list.

In Trustor, Guldbagge award-winning director Karin af Klintberg (Nice People, Six Days) sets out to find out how Posener lives and where he’s been hiding all these years, and to uncover what everyone has been wondering for nearly three decades: Was he guilty?

Through new and opposing testimonies from never-before-heard voices, Karin continues the search for the truth about the coup. How could five people swindle 600 million kronor and still go free? And where did the money actually go?

Said director Karin af Klintberg:

“It is a man’s world with a unique gallery of characters in this documentary. A British lord, some party-loving guys pouring out champagne on the Riviera, a pale ‘puppet master’ orchestrating in the background from the prison. It’s men playing the system, a classic cops and robbers chase, and a financial industry that was cheated. Regardless of whether it was a genius or a clumsy coup, the thieves went home with a box of cash without wearing a mask or having fired a single shot. But there were also victims, that must not be forgotten.”

Teresa Alldén, a co-producer of the film alongside Lisa Berggren Eyre, stated:

“I have been trying to reach the mystery that is Posener my whole working life. As a filmmaker, you always want to hear the story straight from ‘the horse’s mouth.’ It would have been an anticlimax to produce a documentary about the Trustor affair without him, so we’re very happy to be given the trust. That’s all we will reveal for now.”

Trustor (working title) is a production of Nexiko. A premiere date has not been announced yet. Stay tuned for updates.

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Trustor (wt): Netflix Announces Swedish Documentary About the Trustor Affair
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