Fraud

This year marked the 100th anniversary of Portugal’s biggest financial scandal that almost broke the Bank of Portugal. Just how did small-time con man Artur Alves dos Reis pull off an audacious [...]

The European Commission approved the sale of Portugal’s Novobanco to the French banking group BPCE, the second largest banking group in France which will now be the sole shareholder of Portugal’s [...]

Portugal’s Public Ministry is investigating a number of real estate transactions made by Novobanco that may have left the Portuguese State out of pocket. At the centre of ‘Operation [...]

Portugal’s stock market commission, CMVM has issued a warning against FNBC – also known as Seven Bank – which is not qualified to carry out any activities as a financial intermediary [...]

Around two-thirds of Portuguese companies admit to having been targeted by fraudsters over the past year according to a study by Deloitte. In specific percentages, 28% of companies in the survey [...]

Algarve hit by scammers targeting luxury properties, as well as more habitual apartment lets By Natasha Donn, Algarve Resident  Fraud has moved up a notch in the Algarve holiday lettings sector. [...]