Fraudulent Pellet Company Scams €7 Million from EU and Portugal's State
Jornal De Notícias7 months ago
1100

Fraudulent Pellet Company Scams €7 Million from EU and Portugal's State

Crime
fraud
pellets
portugal
eu
corruption
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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.

Fraudulent Pellet Company
Judicial Police dismantles €7 million fraud scheme involving EU funds
Photo: Archive

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