Raids, arrests in €8 million wind energy fraud case #NLD

By National Wind Watch Three people were arrested and various homes and office buildings were raided on Tuesday in an investigation into 8 million euros worth of fraud committed by Dutch investment company Hollandsche Wind. The Public Prosecutor and tax investigative service FIOD also seized several cars, Tubantia reports. According to FIOD, the now bankrupt Hollandsche Wind was used to commit Ponsi fraud – an illegal pyramid scheme. Investors paid a minimum of 5 thousand euros and were promised high returns on wind energy . . .

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