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Posts tagged as “money laundering”

Money Laundering in ZFM

The Judiciary Police (PJ) carried out a police operation today, which led to the detainment of three defendants, two of them were arrested under the suspicion of corruption, fraud in obtaining aggravated subsidy, qualified tax fraud, and money laundering, having damaged the Portuguese State and the European Union (EU) for…

IVBAM Searched by Judicial Police

As part of a national investigation, the Judiciary Police (PJ) in conjunction with the Departamento Central de Investigação e Ação Penal (DCIAP), are following leads both in Porto and Funchal regarding 'economic participation crimes,' including active and passive corruption and money laundering.

Ten Most Wanted Portuguese

According to Interpol's Official Website, (International Criminal Police Organization), ten Portuguese (soon to be 11) are wanted worldwide after having fled from justice. They are all men, most of whom are accused of drug trafficking offences. 

Madeira – 16 Million Euros Laundered by Italian Mafia

According to media outlet JN, Società Foggiana, one of the "most brutal and violent Italian mafias," laundered 16 million euros through two companies based in Madeira, through a scheme that allowed Società Foggiana to benefit from European Union Community Funds intended to support rural development.

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Madeira Weekly