Fraud and money laundering

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 is the European country that least suffers from digital payment fraud according to a report from Forex broker experts at BrokerChooser. Digital payment fraud in Europe has surged by 43% [...]

The Procurator of the Portuguese Republic has reported that complaints over cryptocurrency fraud more than doubled in 2022 from 38 reported cases in 2021 to 94 last year. Since 2016 the number of [...]

Lisbon City Councillors have opposed its Mayor, Carlos Moedas over a project for a new five-star hotel in the city centre. The person behind the project is the Angolan tycoon Isabel dos Santos, [...]