Greece

A financial prosecutor on Friday charged 10 people for fraud and money laundering in the Folli Follie Group case. Among the 10 people investigated are founder Dimitris Koutsolioutsos, his wife Katerina and their son Giorgos, who is also CEO and...

Yiannos Papantoniou, a prominent political figure who was previously served as the country's defense minister and finance minister, was taken into custody late on Tuesday on charges of money laundering. The arrest followed a marathon deposition which began on...

Realtors, lawyers, accountants, notaries, members of the banking industry, high-end retailers, and money transfer agents are in the high-risk money laundering group in Greece, according to a Finance Ministry report. The report entitled "National Money Laundering and Terrorist Financing Risk...

  Greece's former Economy and Finance Minister, Yiannos Papantoniou, and his wife Stavroula Kourakou were given an extension to prepare their testimony on charges of money laundering by a court in Athens on Thursday. Both appeared at the investigator’s office with their solicitor,...

Greece is ready to provide information to other states on cases of possible money laundering, Justice Minister Stavros Kontonis said on Wednesday, speaking at a parliamentary committee debating a draft bill which ratifies the 2005 Warsaw Treaty on the...

A corruption prosecutor pressed charges of money laundering against former defense minister Yiannos Papantoniou and his wife Stavroula Kourakou on Friday, following the completion of the preliminary investigation into bank accounts held abroad. The charge also follows an audit into...

The Public Prosecutor's Office of District Court Judges charged Former President of the Hellenic Parliament and former SYRIZA MP Alexis Mitropoulos with felony charges for money laundering and tax evasion, Greek media report. Mitropoulos, who served as the parliament's vice president from...

On Monday, the Greek court found guilty of bribery three formerly prestigious government officials. The corrupt activity the officials participated in included breach of faith (betrayal of confidence or trust) and money laundering that took place while the officials were in positions...

An Athens court has found former Cyprus` Interior Minister Dinos Michaelides, his son Michalis and three others guilty of receiving kickbacks. The Cyprus News Agency reports that the defendants were also found guilty of money laundering in relation to the...

Greek shipowner Victor Restis was detained on Friday on criminal charges of embezzlement and money-laundering in a decision that sent shockwaves through the Athens shipping community. Mr Restis, who is accused of embezzling €5.8m from a private Greek bank controlled...

Cyprus, awaiting big international bailouts as for its banks to be saved after suffering huge losses when the Greek government imposed big hits on holders of Greek bonds, is not a hub for money laundering, Finance Minister Vassos Shiarly...

Ex-Vice-Mayor of Economics, Michalis Zorpidis, will be brought in front of  an investigator facing charges of money laundering. The authorities have brought evidence against him in the form of more than six million euros in his bank account that...

Former minister Akis Tsochatzopoulos’ wife, Vicky Stamatis, was remanded in custody today after the mutual decision of the investigating judge and prosecutor examining the money laundering case. Mrs. Stamatis' brother, Panayotis Stamatis, was released after his sister entered her plea...

Just like her father, former Greek minister Akis Tsochatzopoulos, Areti headed to Korydallos prison on Thursday, April 26. She was held in custody after her testimony before the examining magistrate. She faces money laundering charges, and the scandal appears to...

Former Socialist Greek minister Akis Tsochatzopoulos was arrested on Wednesday on money laundering charges by the judicial authorities. Tsochatzopulos was called in by officials from the finance ministry's anti-fraud squad. The authorities will consider the issue of temporary detention....