Nyheter om grå ekonomi och ekonomisk brottslighet

Germany: Client Earth raising charges against RWE

23.9.2019
The environmental organisation Client Earth is raising charges against the German energy company RWE. The organisation has filed a complaint with the German federal financial services agency (Bafin)....

UK: Government urged to overhaul distance testing of electric vehicles

21.9.2019
The government has been urged to overhaul how the range of electric cars is assessed as the current system exaggerates the maximum distance most cars can travel on a full charge, according to...

Netherlands: Details of over 260,000 customers at Allianz are stolen

20.9.2019
The personal details of at least 260,000 customers in the Netherlands of the German insurance provider Allianz Global Assistance have been stolen. The details include policy numbers, addresses and...

Lithuania: Customs seize 653,000 contraband cigarettes at Kybartai

20.9.2019
Lithuanian customs officers have detained a shipment of smuggled cigarettes worth almost EUR 2mn at the Kybartai border checkpoint, BNS reports. A Renault truck driven by a Russian citizen was...

Russia: Private pension funds obliged to publish pension savings data

20.9.2019
The majority of the CBR regulations on disclosure of the information by private pension funds will come in force in the end of September 2019. The funds will be obliged to publish the data on...

Latvia: Latvian Post warns against fraudsters

19.9.2019
The Latvian Post (Latvijas pasts) has issued a warning against fraudsters impersonating officers from the company, sending phishing emails to Latvian consumers. The fraudulent emails were sent from...

Belgium: FSMA fines Tavares and Transics

19.9.2019
The FSMA has fined Tavares and Transics some EUR 1.40mn (USD 1.61mn) relating to Tavares' acquisition of Transics International shares and the indirect resale of these shares to the US group Wabco....

Belgium: Proximus boss confirms searches due to possible insider trading

19.9.2019
Dominique Leroy, outgoing CEO of Belgian telecommunications firm Proximus, has announced that searches were conducted by Brussels police at her home and in her office regarding the sale of shares of...

Denmark: EUR 500 notes to be banned in 2020

19.9.2019
The ban on using 500-euro notes in Denmark will come into effect from 10 January 2020. According to trade organisation Finans Danmark, the ban will contribute to fighting money laundering and terror...

Latvia/US: Latvian parliament approves of stronger Latvia-US rights protection

19.9.2019
On 19 September 2019, the Latvian parliament, the Saeima, voted in favour of stronger cooperation between Latvia and the United States of America regarding protection of rights. As part of the...

Latvia: PM Karins underscores improvements needed to attract foreign investors

19.9.2019
On 18 September 2019, Latvian Prime Minister Krisjanis Karins met with representatives of foreign chambers of commerce, investment companies and diplomats to discuss Latvia as an attractive...

Netherlands: Damen focuses more on ethical business practices

19.9.2019
Dutch ship building company Damen has presented its new social responsibility report as part of its increased focus on ethical business practices. Damen's compliance officer Jasper van der Meer...

Russia: Court obliges Syzran Refinery to build anchorage on Volga River

19.9.2019
The court has obliged the Syzran Oil Refinery, which is located in the Samara region (Volga) and operates as a part of Rosneft, to build an anchorage for crude oil tankers on the Volga River. A...

Sweden: Bynk will take down ads with criticised slogan

19.9.2019
In a recent advertising campaign, the consumer loans company Bynk has used the slogan "All of Sweden uses Bynk" (Hela Sverige Bynkar). This has been criticised by the Swedish Consumer Agency which...

UK: Booking.com still misleading customers, say Which

19.9.2019
Consumer group Which has said Booking.com has continued to mislead customers. Which said the company was still giving customers a false impression about room availability. Which said half of claims...

UK: Man jailed for theft of university books in Edinburgh

18.9.2019
A man has been jailed for stealing more than GBP 80,000 (EUR 90,902.30 USD 104,849.69) worth of books from the libraries of Heriot-Watt University, Edinburgh Napier University and the University of...

France: Investment scams cost EUR 1bn between July 2017 and June 2019

18.9.2019
In France, fraudulent investment scams cost victims EUR 1bn (USD 1.15bn) between July 2017 and June 2019. These scams usually target isolated individuals over 50 who are looking for a better return...

Netherlands: Proof of fraud in Pura Vida case is not sufficient

18.9.2019
The attorney general of the Dutch Supreme Court has stated that the convictions of two suspects in a large tax-fraud case are not sufficiently supported. The attorney general states that the...

Latvia: PrivatBank fined EUR 1.01 by financial regulator

18.9.2019
The Latvian Financial and Capital Market Commission (FKTK) has issued a EUR 1.01mn fine on Latvia's PrivatBank for having violated the Law on the Prevention of Money Laundering and Terrorism and...

Sweden: JM fined SEK 400,000 due to lack of fall protection

18.9.2019
In Sweden, construction company JM has been fined SEK 400,000 (EUR 38,264 USD 44,135) following a ruling by the Administrative Court in Falun. The fine stems from an inspection at a JM construction...

France: L'Oréal's CEO comments on climate change faces criticism

18.9.2019
In a recent interview, Jean-Paul Agon, the Chief Executive Officer (CEO) of French cosmetics company L'Oréal, has made certain comments that attracted strong negative reactions from people on social...

UK: Betway offering free wagers in return for Trustpilot reviews

18.9.2019
Betway is offering customers a free bet in return for posting a review on Trustpilot, an online review site. Betway is offering a free GBP 5 (EUR 5.75 USD 6.50) wager. The number of five-star reviews...

UK: ASA uphold Aldi complaint

18.9.2019
The Advertising Standards Authority (ASA) has upheld a complaint submitted by Aldi. The German supermarket chain complained about a Tesco press and TV campaign that ran in 2018. Tesco claimed in the...

Bosnia: Workers continue to report cash in hand payments

17.9.2019
Tax Authority of Federal Bosnia and Herzegovina has reported that the country's employees continue to report cash in hand payments and other illegal employer activities. However, they are not...

France: Lafarge Cement's executives face indictment

17.9.2019
In regards to the indictments in June 2017 on an alleged payment of EUR 13mn (USD 14.99mn) to ensure the safe activity of its Syrian sites during the local civil war, the former CEO of Lafarge Cement...

Russia: Aeroflot suggests developing TACS in country

16.9.2019
Aeroflot has suggested developing the Transnational Anticorruption Compliance Strategy (TACS) in Russia. For this purpose, the plan is to conduct an international standards audit with the...

Ukraine/Slovakia: OPAL services could be replaced by GTS

16.9.2019
It has been revealed that Slovak company GTS is ready to replace the gas delivery services offered via the OPAL pipeline by Russian gas operator Gazprom to Europe. The invitation comes after the...

Netherlands: MOB says Schiphol flights are illegal

16.9.2019
The Dutch environmental organisation MOB has claimed that many flights to and from Amsterdam Airport Schiphol are illegal because the airport has been operating without a nature protection permit for...

UK: IPO report features IGA's campaign on counterfeit parts

16.9.2019
The Crime and Enforcement Report 2018-2019 of the Intellectual Property Office (IPO) of the UK features a campaign by the IPO and the Independent Garage Association (IGA) on counterfeit car parts....

Slovakia: Another fraud related to investing in crypto-currencies unveiled

2.9.2019
Another fraud related to investing in crypto-currencies has been unveiled in Slovakia. A Slovak citizen with controversial past, Peter Leskovsky, from Stara Lubovna has lured tens of people to invest...