[HIGHLIGHTS] 600 million scandal in Italy: Fraudsters buy villas, jewels and luxury cars with EU money

600 million scandal in Italy: Fraudsters buy villas, jewels and luxury cars with EU money. As of: April 7, 2024, 1:30 p.m By: Moritz Bletzinger CommentsPressSplit They prepared false financial reports and collected aid money from the EU.

Now the police in Italy have discovered the fraudsters. Italian financial police from Venice have arrested 22 people in Austria, Romania and Slovakia. The fraudsters are said to have outsmarted the control system using a network of fictitious companies.