Search under way for investment firm owner who made off with 1.5 mln euros

Police in Larissa, Central Greece, are searching for the owner of a local investment company who disappeared after allegedly embezzling 1.5 million euros from the firm.

A number of clients invested amounts ranging from 5,000 to 200,000 euros in a bond that would be purchased by the firm, which has been operating for the last 15 years.

The owner, however, vanished with the money.

The investors have launched legal action against him and the company.