NEWS

Massive financial crimes case under investigation

Massive financial crimes case under investigation

Organized crime officers in Greece are investigating what is suspected to be the biggest financial crimes case in the annals of Greek history, worth an estimated US$350 million (307 million euros).

Five people have already been arrested in Attica and the Peloponnese in connection to a suspected international pyramid scheme that scammed millions of euros from Greek and Ukrainian investors, including a Greek broker.

Cases are also being built against another 25 suspected members of the racket.