German criminal prosecutors, police and tax investigators have raided 14 German banks looking for evidence of suspected tax fraud by clients of a former Deutsche Bank offshore unit. The raids…
Read more Investigation of financial fraud in Germany
Tag: financial crimes
Financial crimes in Germany in real estate
Of the almost 60,000 reports of money laundering in Germany in 2017 only 474 cases resulted in judgements, sentences and indictments. How is Germany fighting against the money laundering Of…
Read more Financial crimes in Germany in real estate
Thousands of Investors Falling Victim to Financial.org Scam
Financial.org has already signed up with the UK’s official company register as a real estate business in 2015. Clients of Financial.org, a UK-registered company that has attracted investors from countries…
Read more Thousands of Investors Falling Victim to Financial.org Scam
21st Century Financial Crimes in France
We don’t know who originally had the idea for committing financial crime, although what is said to be the first recorded incident of fraud – involving a Greek merchant called…
Read more 21st Century Financial Crimes in France
Tax fraud in a Swiss bank
Belgian state prosecutors have escalated a probe into UBS over allegations of money laundering and organised tax fraud at the Swiss bank. The Brussels state prosecutor’s office said on Friday…
Read more Tax fraud in a Swiss bank
Financial crimes in Italy
Italy’s economy is the eighth-largest in the world and the third-largest in the Eurozone. Its financial and industrial sectors are diversified. The proceeds of domestic organized crime groups, especially the…
Read more Financial crimes in Italy
Fraud involving structural funds of the European Union
It took two years to prepare but when plainclothes officers from Italy’s finance police launched pre-dawn raids around the country this August they struck relative gold. Arrested on suspicion of…
Read more Fraud involving structural funds of the European Union