Today, the Economic and Financial Police Unit of Brescia executed three personal precautionary measures and seized approximately 6.7 million euros as part of an investigation into crimes of aggravated fraud for obtaining public funds, bankruptcy, self-laundering, and false corporate communications. The investigations uncovered illicit activities attributed to a Brescia-based agent of a financial intermediary who, along with a collaborator and the legal representative of a company, allegedly obtained loans by producing false documentation and manipulating accounting records.
Simultaneously, in another operation coordinated by the Public Prosecutor’s Office at the Monza Court, precautionary measures were initiated against additional individuals involved in similar situations. The financial police are conducting searches at various entities and assessing the administrative liability of the intermediary involved. Investigations will continue to ascertain any irregularities in the financing granted and the extent of the damage suffered by the Treasury, which guarantees up to 80% of the credit in case of default by the beneficiary companies.
