- 140 individuals are being investigated for a €150 million fraud and VAT evasion scheme
- Accounts belonging to the individuals have been frozen by Greece’s Anti-Money Laundering Authority
- The scheme involves fraud, fictitious transactions, and VAT evasion
- The Financial Prosecutor’s Office and the European Prosecutor’s Office will also investigate potential mishandling of European funds
- Two brothers are believed to be the masterminds behind the scheme
- Professionals from various fields and 120 companies are also under investigation
- Offenses being investigated include money laundering, fraud against the state and the EU, and VAT evasion amounting to over 11 million euros
Source: ekathimerini.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
