ATHENS – Greece’s Financial Police unit, tracking down fraudsters, said they have discovered a scheme that took the state for 12.8 million euros.
A total of 18 people are suspected of helping companies avoid paying social security contributions for their employees, a sore point during the country’s crushing economic crisis. The suspects are aged between 22 and 67.
The fraud was allegedly carried out between 2010 and 2013 and coordinated by a 54-year-old accountant.
The companies involved ran up an unpaid social insurance bill with the main IKA fund of some 5 million euros, according to Kathimerini. They also owed some 7.8 million euros in value-added tax and other obligations to the state.