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Kyiv Police Bust $1.7M Embezzlement Scheme

Police in Ukraine have accused the director of an energy supply company in Kyiv of embezzling more than 67 million hryvnias (US$1.7 million) from the state budget by selling electricity at inflated prices to a department within the State Water Resources Agency.

Italian Authorities Bust VAT Fraud Ring

Italian authorities have put 11 suspects under house arrest as part of a crackdown on a VAT fraud ring that has deprived the budget of the European Union as well as national budgets of more than 25 million euros (US$27.17 million).

Georgian Opponents to “Russian Law” Face Serious Threats

They said they knew where he lives, and if he doesn’t stop, they will wait for him in front of his home, and he won’t survive the encounter. He hung up, but then they called his mother and told her that if she does not stop her son, he will be brought to her in a coffin.