Nyheter om grå ekonomi och ekonomisk brottslighet

Germany: Former Wirecard supervisory board chair denies DWS' claims

23.11.2020
The former supervisory board chair of insolvent German payment service provider Wirecard, Thomas Eichelmann, has denied claims by German asset manager DWS, a former large shareholder in Wirecard,...

Ireland: Lockton sues former account executive

23.11.2020
Insurance broker Lockton has launched legal proceedings in Dublin against a former account executive. The case relates to a junior member of staff. The broker has said the member of staff was in...

UK: Airbnb investigated by the FCA

22.11.2020
The Financial Conduct Authority (FCA), the UK financial regulator, has launched an investigation into Airbnb. The FCA probe of Airbnb Payments UK's safeguarding systems and controls follows the...

Russia: Court of cassation cancels FAS fines for four suppliers of meds

21.11.2020
The Commercial Court of the North Caucasian Federal District has upheld a cassation appeal filed by Kubanfarmatsiya, Farmservis, Farmtsentr, and Sevastopolfarmatsiya. Following a lawsuit by the...

Sweden: Decision about Ericsson executives imminent

20.11.2020
In May-June 2021, the Corruption Unit of the Swedish Prosecution Authority expects deciding whether Ericsson executives who are suspected of corruption will be prosecuted. The case concerns key staff...

Latvia: Police detains group in Latgale suspected of human trafficking

20.11.2020
The Latvian state Police's Organised Crime Enforcement Unit has detained a group under suspicion of human trafficking, money laundering and infliction of light physical harm. The State Police...

Germany: Further accusations at Tengelmann

20.11.2020
Christian Haub, currently the sole managing director of German supermarket operator Tengelmann Group, is accusing his brother Karl-Erivan Haub, who is currently missing, of embezzling funds. For...

Belgium: Belfius indicted due to fraudulent mortgages

20.11.2020
Belgian bank Belfius is being prosecuted for fraud, forgery and use of forgery, private corruption, criminal association, money laundering and infringements of the code of economic law after the...

Estonia: Swedbank's report on measures against money laundering completed

20.11.2020
Swedbank has completed its report on measures taken to prevent money laundering and presented it to the Estonian Financial Supervisory Authority, the bank has announced. The report was requested by...

Estonia: Maxima, Rimi suspend cooperation with Latvia's Adugs

20.11.2020
The Estonian supermarket chains, Maxima and Rimi, have opted to suspend cooperation with the Latvian confectionery producer, Adugs, following the suspicions of human trafficking and money laundering....

Austria: First fines filed against four companies in construction cartel

20.11.2020
A large-scale construction cartel with years of price fixing has been exposed in Austria. A total of 40 companies are said to have agreed 1,800 construction contracts between 2002 and 2017. The...

Sweden: 16% of animal farmers victims of animal rights activist crimes

20.11.2020
A survey published by the Swedish University of Agricultural Sciences (SLU and the Royal Institute of Technology (KTH) shows that 16% of Swedish animal husbandry farmers have been victims of crimes...

Hungary: OTP warns clients over phishing attempt

19.11.2020
OTP Bank Hungary has warned its clients over phishing attempts experienced recently. Emails sent to the bank's clients include an attached file which may install a malware on the computer. OTP...

Russia: Tinkoff Insurance on situation with fraud in auto insurance

19.11.2020
Since early 2020, the Tinkoff Insurance company has revealed 813 cases of attempted fraud in the sphere of auto insurance. About 87% of them came from the OSAGO segment, 13% from the Casco segment....

Germany: Ex-CEO of Wirecard refuses testimony before committee

19.11.2020
The former CEO of insolvent German payment service provider Wirecard, Markus Braun, refused to testify in front of a German parliamentary committee regarding possible breaches of duty by the...

UK: Farms urged to join legal action against banks

19.11.2020
Farming businesses that took out certain loans from Clydesdale Bank or Yorkshire Bank have been urged to join a group legal action against the banks. The two banks and its Australian parent -...

Germany: DWS considers further Wirecard lawsuits, wants to grow through M&A

19.11.2020
German asset management firm DWS, formerly a large shareholder in insolvent German payment service provider Wirecard, has confirmed that it has filed lawsuits against former Wirecard executives. It...

Russia: FAS issues warning to advertiser of Element 47 spray

19.11.2020
The Federal Antimonopoly Service of Russia (FAS) has issued a warning to the ETK Pharmaceuticals company, which is an advertiser of the Element 47 hygiene spray. The ad used images of doctors, which...

Lithuania: Kazimieras Simonavicius University to offer ICA's AML courses

18.11.2020
The UK-based International Compliance Association (ICA) has signed a partnership agreement with the Kazimieras Simonavicius University (KSU) in the Lithuanian capital, Vilnius. Under the agreement,...

Germany: New allegations raised against former Wirecard CEO

18.11.2020
The Munich I public prosecutor's office has raised new allegations against Markus Braun, the former CEO of the insolvent German payment services company Wirecard. Braun is now alleged to have acted...

Russia: Razrez Vostochny fined for industrial safety violations

18.11.2020
Iskitimsky district court of the Novosibirsk region (Siberia) has fined the coal company Razrez Vostochny (part of the Sibanthracite) RUB 400,000 (EUR 4,372.14 USD 5,172.13). Rostekhnadzor revealed...

Hungary: Survey on purchase of fake-branded goods

18.11.2020
According to a survey carried out by the Hungarian national board against counterfeiting (HENT) in cooperation with the local market research firm Tarki, some 11% of Hungarians purchased counterfeit...

Russia: FAS dismisses case against Farmtransfer company

18.11.2020
The Federal Antimonopoly Service, FAS, has decided to dismiss the case against the Farmtransfer company. In March 2020 the department revealed that the company used package similar to the pack of the...

Bosnia: Putevi RS's MD under fraud investigation

17.11.2020
Bosnian police MUP Republike Srpske has reported that it has started a criminal process against the MD of the roads company Putevi RS, Nenad Nesic, over suspicions that he abused his position and...

Belgium: ING wins case brought by Kepha Invest victims

17.11.2020
A Belgian court has ruled in favour of Dutch bank ING's Belgian subsidiary in a case brought by 20 French victims of French investment scam Kepha Invest. They filed a case against the bank as Kepha...

Latvia: VID official detained on corruption charges

17.11.2020
The Latvian State Revenue Service's (VID) Internal Security Office have detained a high-ranking VID official on suspicion of corruption. The person was detained in cooperation with the Latvian Tax...

UK: Charity Commission disqualifies founder of KCSN

17.11.2020
The founder of Kenya Community Support Network (KCSN) has been disqualified by the Charity Commission after he used the charity to provide himself and his family with financial benefits. The Charity...

Finland: Court sentences two men to prison for hacking into Nordea's system

17.11.2020
In Finland, the Ostrobothnia District Court has found two men guilty of hacking into Nordea Bank's computer system in an attempt to steal several million euros.
The 28-year-old main defendant,...

Ukraine: Illegal segment occupies 50% of alcohol market

16.11.2020
General Director of the Nemiroff company, Yury Sorochinsky, illegal segment occupies about 50% of the alcohol market, mainly due to excessive fiscalization. Retail cost of illegal products comes up...

Netherlands: FNV will take legal action against Uber

16.11.2020
Dutch trade union FNV will take legal action against the US taxi company Uber if Uber does not treat its roughly 6,000 drivers in the Netherlands as employees instead of freelancers. This is to...