Fraudsters steal 600 million euros in EU funding – ex-ski racer is said to be the head of the gang. People arrested so far may only be the tip of the iceberg.
Fraudsters buy villas, jewels, gold and luxury cars with EU funds. In Italy, 50 other people may have been involved in the fraud or had knowledge of it. In the U.S., fraudsters are also lurking on the Internet, according to reports. A total of 23 people were arrested in Austria, Romania and Slovakia on Thursday morning.