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Querença olive tree fraud – Finns accused of €200,000 scam

olivesA family of Finns living in the Algarve has been accused of defrauding the State to the tune of €200,000 by diverting agricultural grants that were never used for their intended purpose.

The missing grant money has been traced through a myriad of bank transfers to an offshore account in Delaware and Pedro Ribeiro, the chairman of the Institute for the Financing of Agriculture and Fisheries, is keen to progress with a damages claim to try and get the money back.


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