Eurojust Guidelines on How to Prosecute Investment Fraud
To combat the rising number of investment fraud cases, Eurojust (supported by Europol) has issued guidelines for prosecutors on how to prosecute investment fraud. The guidelines, presented on 5 July 2021, are divided into four parts:
- Information on the phenomenon of investment fraud;
- Challenges linked to investment fraud cases;
- Practical guidelines on various issues;
- Support that Eurojust can offer in the different stages.
Lastly, an infographic outlines the fundamentals of investment fraud cases.
The guidelines give detailed advice on how to ensure successful coordination and cooperation, explaining how to identify parallel and other investigations, centralise proceedings at the national level, and how to coordinate operations at the international level. They explain how to investigate money flows and recover defrauded funds as well as how to deal with a large number of victims. How to cooperate within the framework of a JIT and how to successfully conduct action days are also outlined.