NEWS

Well-known private tuition center accused of massive evasion

A well-known private tuition center, which has operated a network of branches around Greece over the past 20-odd years since it was founded, is being investigated for massive tax evasion and social security fraud, the state-run Athens-Macedonia New Agency reported on Thursday.

According to the report, the Economic Police has been probing the company's finances for several months and has allegedly found evidence to suggest that its management for years cheated the IKA Social Security Foundation and the pension fund for newspaper staff in Athens and Thessaloniki (TSPEATH) by falsifying contributions.

The force has also allegedly found evidence of tax evasion on a grand scale, with initial estimates putting the figure at 20 million euros.

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