The Prosecutor's Office next to the High Court of Cassation and Justice launched, on Wednesday, 12 searches in Bucharest and Târgu Mureș, in a criminal case targeting the bankruptcy of the insurance company Euroins. The investigation focuses on crimes such as embezzlement, fraudulent management, and money laundering, considering the criminal activities carried out between 2017 and 2023 by the company's management.
It is suspected that decision-makers implemented fraudulent mechanisms to decapitalize Euroins, redirecting financial resources to affiliated entities and failing to pay compensation to policyholders. The Financial Supervisory Authority found serious deficiencies in the damage reserves, and in 2023, Euroins was declared insolvent. The searches target 10 individuals from the company's management, and prosecutors emphasize that these actions are part of a broader investigation to gather necessary evidence for resolving the case.
It is suspected that decision-makers implemented fraudulent mechanisms to decapitalize Euroins, redirecting financial resources to affiliated entities and failing to pay compensation to policyholders. The Financial Supervisory Authority found serious deficiencies in the damage reserves, and in 2023, Euroins was declared insolvent. The searches target 10 individuals from the company's management, and prosecutors emphasize that these actions are part of a broader investigation to gather necessary evidence for resolving the case.
Sources
Percheziții în București și Târgu Mureș în dosarul falimentării companiei de asigurări Euroins
Percheziţii într-un dosar penal vizând falimentarea companiei de asigurări Euroins
Percheziţii într-un dosar penal vizând falimentarea companiei de asigurări Euroins
Percheziții într-un dosar penal vizând falimentarea Euroins – video
Percheziţii la şefii Euroins într-un dosar ce vizează falimentul companiei de asigurări
Latest News
21:28
Romania’s Ministry of National Defence recovered three drone fragments from the Black Sea. None contained an explosive charge
21:11
Bacău invites Iași residents to cycle via banners installed at the city entrances, following the removal of the bike lanes in Iași
20:55
Two participants in the farmers’ protest were removed by gendarmes from a demonstration against extremism
20:42
Anti-extremism demonstration following the farmers’ protest: “Stop extremism and violence! A democratic Romania”
20:30
Friedrich Merz calls AfD victory in Mecklenburg-Western Pomerania “a disaster”
See more news