The Porto Judicial Police have arrested three men and one woman for crimes related to corruption, economic participation in business, money laundering and tax fraud.
The couple, an arbitration manager and a woman entrepreneur, lived in Porto. Two other entrepreneurs lived in Madeira.
“The investigation focuses on the concerted actions of the defendants in the issuance of a judgment and the sale of real estate and equipment that are part of the bankrupt real estate, with the aim of abusing the powers given to the insolvency administrator of these masses. deprive yourself or third parties of benefits to the detriment of the interests of debtors and creditors,” the joint venture said in a statement.
About a dozen searches were carried out on residential and non-residential premises in homes and businesses in the north of the country and Madeira, seizing documents, computer equipment, three firearms and about 600,000 euros in cash.
The detainees will be present for the first interrogation at the Criminal Investigation Court of Porto for the application of coercive measures.
Author: morning Post
Source: CM Jornal
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