×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
04
Jun 2026
weather symbol
Athens 26°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Greece

AADE uncovers massive ‘front’ network: 380 businesses, €43M in debts, 11 arrests

The AADE uncovered a sophisticated criminal network using 205 foreign nationals to operate 380 shell companies, accumulating €43 million in debts, including connections to a major fast-food chain

Newsroom February 12 06:50

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

A highly organized network of “front” people, who appeared as managers of stores and other businesses in the catering and computer retail sectors, was uncovered by inspectors of the Independent Authority for Public Revenue (AADE).

The network, operating as a criminal organization, used 205 individuals, mostly of foreign origin, as responsible persons for 380 businesses, including a well-known fast-food chain.

The leaders of the network are 10 Greeks and one foreign national, all of whom were arrested by AADE inspectors during a coordinated operation at their homes, conducted from early morning until midday.

The inspectors traced the network using the results of a specialized algorithm employed by AADE to monitor transactions and assess the overall tax behavior of these businesses.

Specifically, the algorithm flagged 317 of these businesses, which had created debts of €27 million to AADE and €16 million to EFKA, because they “disappeared” whenever inspections were initiated, replaced by another company with a different tax identification number.

At the 11 residences searched, authorities seized:

  • €100,000 in cash
  • 110 bank withdrawal cards belonging to both the front people and fabricated identities

Additionally, they confiscated:

>Related articles

AADE: Tax evasion and financial crime complaints to be submitted only digitally

Fines for late tax filings are being abolished – Who will receive retroactive refunds covering two years

Pressing by the tax authority on 2.3 million debtors, new 72-installment scheme coming in June

  • Numerous documents containing information about the front people and shell companies
  • 110 company seals
  • POS devices
  • Hard drives
  • 4 laptops
  • 1 tablet
  • 3 desktop computers
  • Prepaid mobile phones
  • 1 banknote counter

The arrested individuals are being taken to the General Police Directorate of Attica.

Ask me anything

Explore related questions

#AADE#criminal network
> More Greece

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The 5 regions of Greece most popular among foreign retirees

June 4, 2026

International recognition for the jewel-like village of a Greek island that seems to hover above a mountain peak

June 4, 2026

Unsettled weather today with a slight drop in temperature, where it will rain

June 4, 2026

What lies behind the Kremlin’s facade of strength: Putin’s dilemma and the cracks in the war narrative

June 4, 2026

European Commission recommendations to Greece on 1,236 tax exemptions, property, cars, and diesel

June 4, 2026

Pentecost, Mission and Catechesis

June 3, 2026

We are not examining Turkey’s re-entry into the F-35 program, says Rubio

June 3, 2026

Shock report: 13 million Germans prisoners of poverty!

June 3, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα