Pyramid Fraud Scheme Dismantled
20 September 2021
Riehle_Cornelia_Neu_SW.jpg Cornelia Riehle LL.M.

An action day conducted by Italian authorities and supported by Eurojust as well as Bulgarian, French, and Swedish authorities brought a long-standing fraud scheme to an end. Using a pyramid system, fake websites, and shell companies, perpetrators evaded an estimated €120 million in taxes and cheated thousands of customers whose product orders were never delivered. The operation resulted in the arrest of 15 suspects, the seizure of properties and vehicles worth an estimated €72 million, and in the freezing of 750 bank accounts and financial assets.

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EU Eurojust


Cornelia Riehle LL.M.

Academy of European Law (ERA)

Criminal Law

Deputy Head of Section