After more than four years of investigation in Alicante, Summons Abogados has achieved the transformation to an expedited procedure and the consequent request for the opening of the trial phase, acting as private prosecution in defense of the European Commission in a case involving subsidy fraud, misappropriation, and money laundering against two individuals and one legal entity.

The crime of subsidy fraud involves obtaining public funds or grants by falsifying the required conditions or, as in this case, diverting the funds to a different purpose than that for which the aid was intended. Money laundering is punished for integrating illegally obtained assets into legal economic circulation or collaborating with criminals to avoid the legal consequences of their actions.

The investigating judge has deemed that not only the individuals who misappropriated the subsidy should be prosecuted, but also the legal entity that applied for the funds under the responsibility established in Article 31 bis of the Penal Code.

Evidence will be presented during the trial, but the ruling represents a shared success with the European Commission in combating those who seek to appropriate European public assets.

At Summons Abogados, we specialize in Economic Criminal Law and litigate throughout the national territory. Do not hesitate to contact us to discuss the possibility of us representing or prosecuting a case in this field.