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Posts published in “Madeira”

Last 5 Drug Traffickers

The remaining five individuals involved in the ‘Renascer’ operation were remanded in custody after their first court hearing this afternoon. They will remain at the Cancela Prison until their trial. Yesterday afternoon, the suspects arrived at Funchal Marina aboard a Navy boat under heavy guard. Security was managed by the…

ARAE Investigate Counterfeit Claim

At the request of the Public Prosecutor’s Office, ARAE – Regional Authority for Economic Activities is investigating a suspected counterfeiting, imitation and illegal use of a trademark claim. According to a statement from the Regional Secretariat for the Economy, the investigation follows several home and non-home search warrants issued by…

Rent-a-Car Companys Could be Penalised

The National Association of Car Rental Providers (ARAC) has asked the Legislative Assembly of Madeira for an urgent hearing on the proposal to revise the regional decree that regulates rent-a-car companies. For the association, “the proposal under discussion introduces disproportionate and economically penalising measures, unparalleled in any other Member State…

Russian Businessman Hides Millions in Madeira

A Russian businessman, Ruslan Borisovich Rostovtsev, is using Madeira to “hide millions of euros”. According to ‘SIC Investigation,’ there is a company registered in the Madeira Free Trade Zone – Boslova – which moves millions of euros every year, but is headquartered “in a modest second-floor office at 15 Rua…

Endocrinologist Detained

Today, the Judiciary Police arrested an endocrinologist suspected of involvement in a fraudulent scheme to prescribe medicines covered by the National Health Service (SNS), in an operation that had a major focus in Funchal. The investigation, conducted by the PJ’s Northern Directorate, included several searches in different cities of the…

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