Summary:
Judicial Police uncover a €7 million scam involving a pellet production company.
Three suspects charged, two of whom are in custody.
Charges include corruption, fraud, and money laundering.
Major Fraud Uncovered in Portugal
The Judicial Police of Portugal has successfully dismantled a fraudulent scheme involving a pellet production company located in Guarda. This operation managed to defraud both the State and the European Union out of a staggering €7 million.
Arrests Made
As a result of the investigation, three individuals have been charged, with two of them currently detained. They face multiple charges including corruption, fraud, and money laundering.
Judicial Police dismantles €7 million fraud scheme involving EU funds
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