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E.Tsiliopoulos

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Greek customs broker caught with €3mn cash in China-linked fraud probe

European prosecutors are investigating a large-scale VAT and customs fraud scheme linked to Chinese organised crime that has touched multiple EU countries. In June, Greek authorities raided offices at the port of Piraeus and uncovered €2.7mn in cash in the office of a customs broker, plus another €300,000 at his home. The seizures were part of a wider European Public Prosecutor’s Office (EPPO) probe, which has already frozen over €5mn in bank accounts, confiscated €4.8mn in cash, and seized properties, vehicles, and more than 2,400 shipping containers worth an estimated €250mn.