Nyheter om grå ekonomi och ekonomisk brottslighet

Denmark: Danske Bank reports 650% rise in investment fraud cases

7.4.2020
Danske Bank reports that investment fraud cases increased by 650% in February and March 2020 compared with January 2020 as a result of past weeks' unrest in the stock markets. The corresponding...

France: Trade union denounces La Poste for working conditions

7.4.2020
The postal and telecoms activities federation of trade union Sud has filed legal proceedings against La Poste to evaluate the professional risks caused by the Covid-19 pandemic and the number of...

Slovakia: Digital banking fraud rises due to coronavirus crisis

6.4.2020
Digital banking fraud in Slovakia is said to be on the rise due to the coronavirus crisis. In particular, the number of fake online shops that say they are selling protective equipment has grown....

UK: Companies vulnerable to fraud amid increase in home working

5.4.2020
Figures show a sharp rise in attempted scams amid an increase in home working as a result of the coronavirus outbreak. Some schemes are aimed at individuals, such as bank payment fraud and phishing...

Russia: Penalties for sale of counterfeit medicines and BAAs tightened

5.4.2020
Amendments have been made to the criminal code and the administrative code, which will strengthen the punishment for distributing fake medicines and BAAs online. Administrative liability applies to...

Sweden: Fitch downgrades Swedbank's credit rating

3.4.2020
Credit rating company Fitch has downgraded the credit rating for Swedish bank Swedbank from AA- to A+.
On 2 April 2020, credit rating company Moody's downgraded the credit rating for Swedbank...

Sweden: Lowered credit rating for Swedbank

3.4.2020
Credit rating company Moodys has lowered the credit rating for Swedish bank Swedbank from Aa2 to Aa3. Meanwhile, the new rating is considered to have a stable outlook. Moodys concludes that the...

Lithuania: Ex-Pres. Grybauskaite named head of UN financial transparency panel

3.4.2020
Lithuania's former president, Dalia Grybauskaite, has been appointed co-chair of the UN High-Level Panel on Financial Accountability, Transparency, and Integrity (FACTI). The panel's other co-chair...

Sweden/France: Protection masks confiscated, government considers legal action

3.4.2020
About 4 million face protection masks imported by Swedish hygiene products manufacturer Mölnycke from China to France have been confiscated by French authorities. The masks were meant to be exported...

UK: St Mungo's told to pay compensation to victimised former worker

3.4.2020
St Mungo's has been ordered to pay GBP 17,527 (EUR 19,915.56 USD 22,971.26) in compensation to a former employee who the charity was found to have victimised following an abandoned bullying...

Romania: Local Raiffeisen supports business environment with over RON 100mn

3.4.2020
The Romanian subsidiary of Austria-based Raiffeisen Bank paid over RON 100mn (EUR 21.37mn USD 24.65mn) to the state, partners, and suppliers alike in March 2020 so as to support the local business...

Russia: Illegal logging revealed in Kabardino-Balkar Republic

2.4.2020
Illegal logging activities have been revealed in the Kabardino-Balkar Republic, North Caucasus. The damage is estimated at RUB 24mn (EUR 312,371 USD 360,299). Criminal investigations were initiated...

UK: Gambling Commission fines Caesars Entertainment

2.4.2020
The Gambling Commission has imposed a record GBP 13mn (EUR 14.77mn USD 17.04mn) fine on Caesars Entertainment for failures relating to VIP schemes. Licences to run a gambling business will also be...

Lithuania: Supreme Administrative Court rejects Snaige's regulatory appeal

2.4.2020
Lithuania's Supreme Administrative Court has rejected an appeal of the local refrigerator manufacturer, Snaige, against a lower court ruling on regulatory measures regarding the company. In October...

Lithuania: Health Minister warns of fraudsters offering coronavirus medicine

2.4.2020
Lithuania's Minister of Health, Aurelijus Veryga, warned residents about online fraudsters offering medicines for the novel coronavirus, BNS reported. He reminded that there was no approved vaccine...

France: Workers walk out of Amazon site over lack of coronavirus safety measures

1.4.2020
After several employees at Amazon sites across France exercised in the week beginning 22 March 2020 their right to remove themselves from work over unsatisfactory coronavirus safety measures, the CGT...

Belgium: Regulations for truck drivers are changed temporarily

1.4.2020
Truck drivers in Belgium will be allowed to take their normal weekly rest in the cabin of their truck on the condition that the vehicle is suitable for this. This will be valid from 26 March to 25...

Sweden: Many complaints about misleading coronavirus marketing

1.4.2020
The Swedish Consumer Agency (Konsumentverket) has received 275 reports related to action taken by companies in connection with the coronavirus outbreak. 159 reports concern misleading marketing. Many...

Russia: RUB 50mn timber smuggling revealed in Irkutsk region

31.3.2020
The timber smuggling in the amount of RUB 50mn (EUR 650,773.55 USD 750,623.47) has been detected in the Irkutsk region (Siberia). In total, more than 6,000 m3 were exported to Uzbekistan. Criminal...

Russia: CB on suspicious transactions and economic sectors

31.3.2020
The Central Bank, CB, of Russia has published data on the structure of suspicious transactions and economic sectors. The construction sector in 2019 accounted for 37% in the total volume of...

Lithuania: Seimas passes law on civil confiscation of ill-gotten property

31.3.2020
The Lithuanian parliament, the Seimas, passed a new law on the civil confiscation of illicit property after amendments proposed by President Gitanas Nauseda, BNS reported. Under the amendments, the...

France: Free sues Bouygues Telecom for unfair competition

31.3.2020
After suing competitors SFR and Orange, French mobile operator Free Mobile attacked rival Bouygues Telecom in October 2019 in the Commercial Court of Paris, citing unfair competition. Free Mobile,...

Russia: Tyrnovskiy milk plant fined for adulteration

31.3.2020
The Federal Service for Veterinary and Phytosanitary Surveillance of the Ryazan region (Central FD) has inspected Tyrnovskiy milk plant and found violations of technical requirements. The state body...

Russia: Court supports Rusfik in dispute with Azon

31.3.2020
The commercial court of the Perm region (Volga) has supported Rusfik (Recordati Group) in a dispute with Azon. The court recognized the defendant as a violator of exclusive rights in respect of White...

Germany: Politicians criticize Adidas for refusal to pay rent

30.3.2020
German politicians including Christine Lambrecht, the Minister of Justice and Consumer Protection, and Hubertus Heil, Minister of Labour and Social Affairs, have criticised domestic sportswear...

Lithuania: Fintech companies to invest more in legal compliance in 2020

30.3.2020
Financial technology (fintech) companies in Lithuania plan significant investments in legal compliance, monitoring, and money laundering prevention tools in 2020, according to the Fintech Hub LT...

UK: Family launches legal action against Met over role of police in schools

30.3.2020
The family of a 14-year-old boy has launched legal action against the Metropolitan Police. The Crown Prosecution Service launched an investigation into the boy, who is black and autistic, after he...

Russia: Baltika's butter found to be adulterated

30.3.2020
The Federal Service for Veterinary and Phytosanitary Surveillance of the Kaliningrad region (North-West) has inspected Baltika dairy plant and found violations of technical regulations. As per...

Russia: Mirrolla Lab violates law on protection of competition

30.3.2020
The Federal Antimonopoly Service (FAS) has issued a warning to Mirrolla Lab regarding a violation of the law on protection of competition. According to the FAS, the company is producing a hygiene...

Bosnia: Controls show transport firms failing to pay taxes

29.3.2020
Indirect Taxation Authority of Bosnia and Herzegovina has reported that its controls have showed a high level of administration tax evasions for the last two year period. In the first nine months of...