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EPPO reports on 1100+ EU-wide fraud investigations valued at €14.1 billion


The Annual Report Published on 1 March 2023 for the European Public Prosecutor’s Office (EPPO) activities in 2022 focuses on EU fraud affecting public revenue, particularly cross-border VAT fraud.

Some of the key figures featured in the Annual Report, valid on 31 December 2022:

  1. 3318 crime reports were processed;
  2. 865 investigations were opened;
  3. 1117 active investigations with estimated damages of €14.1 billion;
  4. 16.5% of active investigations (185) were linked to VAT fraud, but account for 47% of the estimated damages (€6.7 billion);
  5. €359.1 million in freezing orders granted;

Laura Kövesi, European Chief Prosecutor:

  1. ‘One year-and-a-half after the start of our activities, the potential of the EPPO cannot be ignored.
  2. In 2022, we have demonstrated that the EPPO has an unprecedented capacity to identify and trace volatile financial flows and opaque legal arrangements.
  3. We have proven that the speed, efficiency and information gains in EPPO-led investigations make it hard for traditional cross-border coordination methods to compete.
  4. ‘We are on the right track, but we need to do more.
  5. The EPPO is far from having reached its full potential. If we want the EPPO to make a lasting difference, we need organisational and legal adjustments.
  6. This includes the revision of the EPPO Regulation, and the assignment to the EPPO cases of dedicated and specialised financial fraud investigators in all the participating Member States.’

The full Annual Report 2022 can be found here.


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