Categories: Economy

Five arrested in Madeira on suspicion of air freight fraud

Travel agencies in Madeira are being raided this morning on suspicion of air travel fraud and misappropriation of social mobility subsidies provided to Madeiran citizens.

According to the SP, five people were detained. “The defendants, in order to obtain large illicit economic profits, decided to develop a criminal scheme with the aim of obtaining illicit income through a social mobility subsidy associated with hundreds of non-existent trips, the global value of improper reimbursements exceeding half a million euros,” can be read in the message.

According to what CM As you already know, travel agencies hire airlines and then resell tickets at higher prices. ABOUT CM You know that the departments are working normally, but in only three cases the amount allocated in the form of subsidies is about seven million euros.

It is not yet known which agencies are being targeted.

Author: Egidio Carreira
Source: CM Jornal

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