The CEO of the world’s second biggest security company was briefly declared bankrupt this week after having his identity stolen.

Securitas CEO Alf Göransson, who was listed in 2012 as Sweden’s 15th highest paid chief executive, had his personal identification stolen at the end of March, when someone applied for a loan in his name, the company said in a statement.

The hacker used Göransson’s identification to seek a loan of an undisclosed amount, without Göransson’s knowledge.

On Monday, the Stockholm District Court declared Göransson bankrupt without informing the CEO prior to its decision, Securitas said.

The decision was reversed on Wednesday at Goransson’s request.

Maria Hellberg, a judge at the court, said that bankruptcy applications can be made in Sweden by mailing a signed declaration of insolvency, without the signature being notarised, and there is no fee to file the application.

“This is extremely rare case,” she said. “I have never heard about anything like this.”

Goransson said in a statement that he has not received any information about the falsified loan, including the sum and whether or not it has been paid out.

Securitas has 335,000 employees in 53 countries. It offers security, consulting and investigative services.

Goransson has been president and CEO of the firm since 2007.