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Stein Bagger (born January 20, 1967) is a Danish convicted criminal, former entrepreneur, former CEO of IT Factory. Before bankruptcy of IT Factory and a subsequent fraud scandal, he was named "Danish Entrepreneur of the Year" by Ernst & Young, and his company was named "Denmark's best IT company" two years in a row by the magazine Computerworld. On the 11 June 2009, Stein Bagger was sentenced to a seven-year prison sentence. He was released on license on 24 March 2014, having served approximately 5 years of his sentence.
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