EPPO Seizes Properties Linked to Vocational Training Fraud
In Milan, Italy, the European Public Prosecutor’s Office (EPPO) has initiated an investigation into a significant embezzlement case involving €1 million in European Union (EU) and national funds. The Italian Financial Police (Guardia di Finanza) have seized two properties as part of this inquiry.
Allegations of Fraudulent Funding Practices
The investigation centers around a vocational training institute that received funding to organize training and professional refresher courses, which were meant to be free for participants. However, evidence suggests that the suspects charged participants a fee for these courses. The allegations further indicate that the suspects misused the EU funds to purchase two properties located in Magenta, Italy. To recover the embezzled funds, the Italian Financial Police have confiscated these properties.
Funding Sources and Legal Status
The fraudulent project was co-financed by the European Social Fund (ESF), the European Regional Development Fund (ERDF), and the Cohesion Fund for the Lombardy region.
It is important to note that all individuals involved are presumed innocent until proven guilty in a court of law.
The EPPO is an independent public prosecution office of the European Union, tasked with investigating and prosecuting crimes that threaten the financial interests of the EU.
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