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LATEST: German real estate developer arrested over alleged ‘multi-million euro’ fraud

Premium March 27, 2026

A general view shows the river Rhine and the skyline including the Rheinturm and Rheinkniebruecke in Duesseldorf, Germany, May 13, 2024. REUTERS/Jana Rodenbusch

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NEWS: Crypto worth up to €360 million seized by Ireland’s Criminal Assets Bureau in textbook fincrime ‘deny, deprive’ initiative

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INSIGHT: How UBS helped Epstein accomplice Ghislaine Maxwell buy her hideout

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By PAUL O’DONOGHUE, Senior Correspondent

EUROPEAN prosecutors have arrested a German real estate developer and an alleged accomplice over suspected fraud worth millions of euros.

Around 400 investigators searched 49 properties across six countries this week as part of the probe. The operation, coordinated by EU body Eurojust, took place in Germany, Austria, Luxembourg, the Netherlands, Spain and Switzerland.

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Premium

NEWS: Crypto worth up to €360 million seized by Ireland’s Criminal Assets Bureau in textbook fincrime ‘deny, deprive’ initiative

 Premium

INSIGHT: How UBS helped Epstein accomplice Ghislaine Maxwell buy her hideout

NEWS: ‘A new standard for AML education’ – CFCC graduates praise game-changing new AFC course for banking, fintech professionals

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