Foreign man arrested in Algarve for âŹ3 million âPonziâ scheme
A foreign man, described by Jornal de NotĂcias as an Italian citizen, has been arrested by PJ police in the Algarve for allegedly running a Ponzi scheme â an investment
Art empresario Joe Berardo arrested over suspicions of multi-million euro fraud against Portugal State bank CGD
Breaking news this morning is that Madeiran art empresario Joe Berardo has been arrested on suspicion of âaggravated fraud, tax fraud and money-launderingâ. The development follows a long-running police investigation
Portugalâs PRR (bazooka) funding: first programmes open today
Prime minister AntĂłnio Costa has announced the opening of the first programmes for PRR funding in Portugal. Dubbed âImpulso Jovem STEAMâ and âImpulso Adultoâ they are focused on training young
Portugalâs EU bazooka: âfraud-checkersâ say they need more human resources
Yesterday in Coimbra Portugalâs PS government had another âfeel-good momentâ talking about all the money it hopes will flood in from Brussels to help the country overcome the desperate economic
Operation âOff Sideâ targets countryâs top football clubs and personalities
Operation âOff Sideâ – the largest investigation in the history of Portugalâs tax department – swooped into action yesterday (Wednesday) searching football clubs and the properties of agents, players and
Investigators tighten screws on frauds involving European Community funding
Criminal investigators have tightened the screws on frauds involving European Community funding. Explain reports, a protocol has been signed between DCIAP (the department of criminal investigation and penal action) and
Dozens of council officials under suspicion as Operation Ether reaches âaccusations stageâ
Operation Ether – which hit the headlines exactly a year ago – has now assembled no less than 60 council officials, all of them under suspicion in one way or
Taiwanese fraud ring foiled: 19 arrested in Portugal
An insidious telecom centre set up to defraud Chinese residents living in Portugal has been foiled in what the Taiwanese press calls âthe Portuguese holiday resort of Cascaisâ. Reports say
Further jail sentences handed out as BPN fraudsters remain free
A Lisbon court has handed out further stiff jail terms for fraudsters involved in the BPN banking scandal, but the likelihood of any of them going to jail remains slim.
IVA fraud robs Portugal of âŹ11.3 billion over five years
European commissioner Pierre Moscovici is on the warpath, demanding âactionâ. The reason: IVA fraud is robbing the EU of billions. In Portugal, the âŹ11.3 billion âlostâ to state coffers since