European Public Prosecutor's Office (EPPO)

Two individuals have been arrested in Italy 🇮🇹 on the suspicion of €8.8 million VAT fraud involving the trade of cleaning products and alcoholic and non-alcoholic beverages. According to the evidence, the suspects employed a variety of fraudulent tactics, including the issuance of fake invoices for non-existent goods and the conducting of fictitious transactions via Bulgarian, Croatian, Hungarian and Slovenian companies. The Italian Financial Police (Guardia di Finanza) of Verona seized bank accounts, real estate and other assets. 👉 More: https://lnkd.in/edDnXMz7

Four individuals in Romania 🇷🇴 have been charged with defrauding €600 000 in social funds. The suspects allegedly claimed to employ 124 apprentices through a company controlled by them. However, they are believed to have submitted falsified and inaccurate documents in order to obtain €500 000 came from the European Social Fund and €100 000 from national funds. It is understood that none of the apprentices ever worked for the company controlled by the suspects and that none received any salary. 👉More: https://lnkd.in/exknRrcV

Five individuals in Romania 🇷🇴 have been charged with aggravated subsidy fraud involving a pig-breeding farm, with an estimated damage to the EU budget of €667 000. More details: https://lnkd.in/eQ4Yn2ix

One individual has been charged with EU funding fraud, following an investigation led by the EPPO in Bucharest 🇷🇴. The suspect applied for two projects to construct greenhouses for strawberries and lettuce. It is believed that the suspect presented falsified documents and illicitly obtained almost €2 million from the European Agricultural Fund for Rural Development (EAFRD). Two agricultural buildings, the associated land, bank accounts, and a luxury car belonging to the suspect have been seized to recover the defrauded funds. 👉More: https://lnkd.in/e9Ececvc

Two suspects were arrested in Italy 🇮🇹 in our investigation into a major VAT carousel fraud involving the trade of cars. Bank and financial assets, real estate, land and cars worth around €7.6 million have been frozen. The investigation, codenamed ’Easy Car’ and conducted by @Guardia di Finanza, gathered evidence of fraudulent activities in the luxury car market in Italy. It is alleged that the suspects falsified the origin of 1500 vehicles and evaded VAT payments amounting to €7.6 million. 👉Read more: https://lnkd.in/dDEAiJvi

We're looking for a 🔎Senior Financial Investigator. Would you like to contribute to our mission by supporting ongoing investigations, performing tasks related to asset recovery, analysing complex financial flows and supporting the gathering of evidence? Expertise related to 🇵🇱 and/or 🇸🇪 is an advantage. 👉Learn more: https://lnkd.in/eFGgKgUW 📅Apply by 19/08, 23.59 CET and join the EPPO!

Two suspects were arrested in Italy 🇮🇹 in a probe into €1.6 million fraud involving loans for the development of drones. The suspects are managing a startup specialised in the development of drones for commercial use. They are believed to have presented falsified accounting documents in order to obtain loans from an Italian bank, guaranteed by the European Investment Fund. The suspects were arrested by officers of the Italian Financial Police (@Guardia di Finanza). Five real estate properties were seized, with a combined worth of over €1 million. In addition, five bank accounts in the name of the suspects were frozen, for a total amount of €213 000. 👉More: https://lnkd.in/e63N7HR8

Cordial meeting this afternoon with the new Minister of Justice Elisabeth Margue 🇱🇺 to discuss the good cooperation with the Luxembourgish authorities, the revision of EPPO’s regulation and its budget.

A freezing order of over €5 million has been executed against an Italian company 🇮🇹 suspected of customs fraud involving e-bikes imported from China 🇨🇳. To evade customs duties, the company allegedly imported e-bikes in unassembled form and in separate shipments. It is understood that this led to an estimated damage of €9.8 million. 👉More: https://lnkd.in/eEpMzs6c

Assets worth up to €1.3 million have been seized in our investigation into suspected fraud, embezzlement and money laundering. A Naples-based company 🇮🇹 allegedly submitted fictitious and false documents to obtain EU funds, including a €1.3 million grant financed by the Recovery and Resilience Facility (RRF). It is believed that the funds were then transferred to three companies within Italy and to bank accounts in Belgium, Bulgaria, Lithuania and the United Kingdom. The assets seized include a Harley-Davidson motorcycle, two cars, and real estate properties in Stintino (Sardinia) and Rome. 👉More: https://lnkd.in/dQtGKj7U