48 ARRESTED IN ITALY AFTER MAFIA-LINKED GROUP DEFRAUDS EU AGRICULTURAL FUNDS

On 28 October, Agriland reported that authorities in Italy, assisted by the EU’s anti-fraud office OLAF, have arrested 48 people in connection with a scheme to defraud EU agricultural funds of over €16 million.  The criminal group purchased machinery with the support of EU funds at an inflated price. The machinery was declared as new but was in fact either second-hand or purchased at a much lower price than what was officially declared.  Fictitious companies were set up outside Italy to cover the traces of fraud and facilitate money laundering.

https://www.agriland.ie/farming-news/over-75-of-marts-have-online-bidding-in-place-icos/

 

 

 

 

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s