Homes raided in property fraud probe

The financial investigation service FIOD-ECD made 12 raids in the Netherlands on Tuesday in connection with possible property investment fraud abroad, reports ANP news service.

The raids on 10 homes and two commercial premises are part of a criminal investigation which was set in motion following a tip off from the financial services watchdog, said ANP.
The total value of the investment involved is believed to run into several million euros.

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