EPPO Lithuania uncovers an organised crime group allegedly misappropriating nearly €6m from EU structural funds, connected to high-value fraud, ML, and illegal activities by legal entities

The investigation concerns fraudulent schemes allegedly carried out between 2018 and 2024, during which the organised group systematically misled the administering authority to obtain EU funds unlawfully. Evidence indicates that the suspects simulated commercial relations and fictitious financial transactions between companies under their control, fraudulently inflating costs and creating the impression of contributing their own funds to EU-funded projects…