NEWS

Top military men recruited into scam

Three retired top military officials – a wing commander, a general and an admiral – have been arrested in Athens over an Internet scam that cheated hundreds of people out of millions of euros, authorities said yesterday. Police said the three unnamed men were part of an international ring that would send e-mails to businessmen offering to sell large quantities of products, ranging from electrical equipment to building materials, at cut prices. The victims who agreed to the proposition would then deposit the asking price in Greek bank accounts but would not receive the promised items. The role of the Greek suspects was to launder the money through 15 different offshore companies they had set up from Athens, earning a commission for their efforts. Investigations so far show that 295 people worldwide have been cheated out of a total 6.4 million euros.