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Financial and Economic Crime Unit (SDOE)

Spiegel: Tax Fraud of German Auto Companies in Greece

According to a recent "Der Spiegel" article, German auto companies Mercedes-Benz, BMW and Opel are being investigated by Greek tax authorities as the latest suspects of fraud. The extremely low clearing prices at which German companies deliver their vehicles to distributors...

Financial Crimes Increased by 41.6% in First Quarter of 2014

A Greek Police report on crime during the first quarter of 2014 showed a dramatic increase of 41.6% in financial crimes and a drop of 21.5% in crimes such as thefts, robberies, break-ins and homicides. According to the Greek Police report, compared to...

Horst Reichenbach; New Task Force Report Unveiled

The additional funding of small and medium-sized enterprises using all available financing tools, including the European Investment Bank (EIB), was among the issues discussed in a meeting on Wednesday between Greek Development and Competitiveness Minister Nikos Dendias and the head of...

Greek Tax Authorities Find 40 More Evaders from Lagarde List

Prosecutors investigating a list of 2,602 Greeks with 1.5 billion euros ($1.95 billion) in secret Swiss bank accounts have reportedly found that 90 percent of them are tax cheats. The ongoing probe by financial prosecutors, Panagiotis Athanasiou and Galinos Mpris...

100 Mln Euros Collected by Greek Tax Controls, a Drop in the Ocean

The 100 million euros that the Greek public sector has managed to gather from controls in cases of large fraud and specifically from remittances to foreign banks and to off shore companies, seems to be like a drop in...

Offshore Companies and Huge Bank Accounts for Golden Dawn's Members

Greece's Financial and Economic Crime Unit (SDOE) has located two offshore companies in Cyprus which belong to a member of Golden Dawn. This member also appears to be connected with the funding side of the party. SDOE has also found...

Tax Evasion Charges for Former Greek Minister and his Wife

Yannos Papantoniou, the former Minister of Finances and National Defence and his wife Stavroula Kourakou, are accused of tax evasion. They will face charges for allegedly evading 3 million Euros in taxes between 2000 and 2010. According to the Lagarde...

Greece Will Tax Foreigners 45%

Greek is set to assess a 45 percent tax on immigrants and foreign residents even if they have declared and paid taxes in their own countries, at the same time the government has failed to go after tax cheats...