(Luxembourg, 30 July 2024) – The European Public Prosecutor’s Office (EPPO) in Bucharest (Romania) has brought charges against four suspects, believed to be part of a criminal ring with ties to Italian mafia groups, for a €4.3 million subsidy fraud involving EU and national funds.
It is alleged that the defendants formed a criminal group with other suspects to provide false letters of guarantee to awardees of projects financed by EU funds, which claimed to insure the projects against potential damages. In exchange for issuing the letters, the suspects are understood to have…
