Repair
03
Mar
2024
10
min read

EPPO Files Charges for Subsidy Fraud in Austria

On June 13, theEuropean Public Prosecutor’s Office (EPPO) in Graz, Austria, filed charges against a suspect for subsidy fraud. This follows an investigation into a€200,000 project funded by the EU’s Recovery and Resilience Facility (RRF) forAustria. The EPPO is an independent prosecution office of the European Union, responsible for investigating, prosecuting, and bringing to judgment crimes against the EU’s financial interests.

The suspect came under EPPO's scrutiny for allegedly defrauding more than €200,000 from the “Reparaturbonus” program, funded by the RRF. The"Reparaturbonus" is an Austrian government initiative aimed atpromoting and encouraging the repair of electronic devices and householdappliances. The program’s goals are to enhance sustainability, reduceelectronic waste, and support local repair businesses.

Allegations

The suspect, a small business owner from Vienna, is accused of submitting 1041 reimbursement claims for phone repairs supposedly carried out between June 2022 and March 2023. In total, he received €201,749 for the repairs, with €161,669 paid out before the competent authority halted the payments.

The investigation revealed that the suspect’s company existed only on paper and was likely used to deceive the authorities. The repairs were allegedly never performed, and the customer details provided by the suspect were incorrect. If found guilty, the suspect faces up to five years in prison.

Interested in the global market for used electronics?

From now on, you'll never miss a thing and can easily stay up to date with the latest developments in the secondary market. Sign up today for the newsletter from secondarymarket.news. It's filled with the latest news, trends, developments, and gossip. Stay informed and don't miss out on anything!

Daily (except on Sundays), you'll receive the latest news from the global secondary market straight to your inbox after registering. This way, you'll always stay up to date with the latest secondary market developments and trends.

Sign up for our newsletter

Thank you for registering for the newsletter

From now on, you'll always stay informed and won't miss out on the latest trends and developments in the global secondary market for used electronics.
Oops! Something went wrong while submitting the form.
© 2024 Secondary Market News. All rights reserved.
Privacy & Cookies