EPPO has indicted three Croatian citizens and one company for subsidy fraud and document forgery after investigating their fraudulent acquisition of SME financial support

The investigation has found grounds to suspect that the individuals set up a chain of companies owned and managed by them to prove their eligibility to obtain financial support for SMEs. They are understood to have presented falsified investment plans and invoices for non-existent transactions, as well as unreliable corporate balance sheets that indicated a thriving business…