T5PC

T5PC (or The 5 Percent Community) was a controversial Norwegian Multi-level marketing company that went bankrupt in November 2004.

[4] Some of the main individuals responsible, including Henrik Ellefsen and Jørn Ronnie Tagge, were convicted on charges of fraud in December 2007.

[8] According to the verdict of Oslo District Court, Henrik Ellefsen played a central role in the T5PC system, as chairman of PWR Charge AS and CEO of Exente Securities ASA.

Henrik Ellefsen has written a book about the T5PC scandal, parts of which were presented in court as evidence, after the Økokrim found the manuscript during a raid.

[9] The manuscript was entitled "T5PC til tross for bedre vitende - En sann historie om håp og grådighet" (T5PC in spite of better knowledge - A true story of hope and greed").