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This profile was last updated on 1/17/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Tomo Razmilovic

Wrong Tomo Razmilovic?

Employment History


  • electrical engineering
    Hermods Institute
193 Total References
Web References
Tomo ..., 17 Jan 2014 [cached]
Tomo Razmilovic
Photo credit: Newsday File / Don Jacobsen | Tomo Razmilovic, former chief executive of Symbol Technologies, fled to Sweden in 2004 to avoid a $200-million securities fraud case. (Aug. 8, 2001)
Federal prosecutors in Central Islip filed a suit Friday seeking $12 million that fugitive former Symbol Technologies boss Tomo Razmilovic and his wife allegedly secreted in accounts in Switzerland.
Razmilovic, who has been hiding out in Sweden since being charged in a $200 million accounting fraud case in 2004, is accused of hiding some of his ill-gotten gains in accounts at Credit Suisse in the name of his wife, Anna-Christina Razmilovic.
"Razmilovic took advantage of the artificially inflated price of Symbol's stock and made millions of dollars of profits as a result of engaging in improper insider trading . . . " the government said. " . . . Approximately $12 million of the fraud proceeds can be traced" to Credit Suisse.
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Jeff Coopersmith, a Seattle lawyer who represents Razmilovic, declined to comment on the new lawsuit -- a so-called in rem action seeking forfeiture that is filed against the money and accounts themselves.
When Razmilovic and other executives were charged with cooking the books to boost stock prices -- profiting from insider trading as well as artificially inflated bonuses and severance -- federal prosecutors said the fraud was "breathtaking in its scope."
Sweden, where Razmilovic and his wife have citizenship, has refused to extradite him. In public statements, he has said he was the innocent victim of a "witch hunt."
In 2011, a federal judge ruled in a lawsuit brought by the Securities and Exchange Commission that Razmilovic owed more than $40 million in ill-gotten gains from his tenure at Symbol, as well as $20.8 million in penalties.
Tomo Razmilovic
Marquet International's White Collar Rogues Gallery, 21 July 2013 [cached]
Tomo Razmilovic
Tomo Razmilovic
Tomo Razmilovic
Tomo Razmilovic in 1994 In February 2000, Croatian born, Swedish citizen, Tomo Razmilovic became Presdient and CEO of Long Island-based Symbol Technologies, Inc., a bar code technology company, where he had been employed since 1989. At the time of this announcement, Razmilovic was praised by Symbol's founder and Chairman, Dr. Jermoe Swartz, stating that he "is the right person to lead Symbol in the new millennium, and the Board and I want to recognize his accomplishments. Razmilovic started his career with Symbol as Senior Vice President of International Operations based in the U.K. He then became Senior Vice President of Worldwide Sales and Services in 1993 and in October 1995 became President and Chief Operating Officer. However, In February 2002, Razmilovic announced his resignation as President and CEO, effective in May 2002. On June 3, 2004, the Securities & Exchange Commission filed a civil injunctive complaint against Razmilovic and ten other former executives of the company, including Kenneth Jaeggi, former CFO, Brian Burke, former SVP of Worldwide Operations and Chief Accounting Officer, Michael DeGennaro, former SVP of Finance, and Leonard Goldner, former General Counsel. The complaint alleged that from at least 1998 until early 2003, Razmilovic and his co-defendants had engaged in "numerous fraudulent accounting practices" that resulted in the overstatement of some $230 million in revenue for the company. Also on June 3, 2004, Razmilovic and 7 of his alleged co-conspirators were indicted on fraud charges and sought the forfeiture of $74 million from the group. An arrest warrant had been issued on May 28, 2004 for Razmilovic by the Court. However, Razmilovic fled, first to Croatia and then to Sweden, neither of which have extradition treaties with the United States. To date, Symbol itself has paid out civil penalties of $138 million to settle civil fraud charges. Razmilovic reportedly resides with his Swedish wife, Anna, in Bussevik, Sweden and remains a fugitive from US authorities as of this writing.
Softheon Corporation -- Cornerstone of your eBusiness, 7 Nov 2003 [cached]
Tomo Razmilovic, Director Since October 1995 Mr. Razmilovic has been the President and Chief Operating Officer of Symbol Technologies, Inc., a global leader in mobile computing and communications systems.Since July 1, 2000, Mr. Razmilovic has also assumed the position of Chief Executive Officer.Prior to joining Symbol in September 1989, he was President and Chief Executive Officer of Cominvest Group, a Swedish multi-national high technology company.From August 1985 to December 1988, he was President of ICL International, a major European computer manufacturer, where he also led its industry marketing and software development divisions.He is the 2001 recipient of the Long Island Association's Medal of Honor.
Tags: Agape World Ponzi scheme, American ..., 31 Oct 2013 [cached]
Tags: Agape World Ponzi scheme, American Greed, CNBC, corruption, crime, fraud, investing, program, scams, schemes, securities-related accounting fraud, Show, Symbol Technologies CEO Tomo Razmilovic, television
RIN:289 Suits on the lam -Axelrod, 30 April 2006 [cached]
Next came Tomo Razmilovic, the former CEO of bar code scanner maker Symbol Technologies, who was charged with accounting fraud last month. He fled first to his native Croatia before surfacing last week in Sweden, where he told a local newspaper he intends to stay -- if Swedish authorities let him.
Axelrod and Razmilovic join a long list of corporate suits who have fled the feds through the decades.
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