CEO Fraud: PJ concludes international scam case involving over 3.5 million euros

Wednesday, 8 April 2026RSS
CEO Fraud: PJ concludes international scam case involving over 3.5 million euros

The Portuguese Judiciary Police (PJ) has concluded an investigation into a criminal organisation suspected of 'CEO Fraud' and 'Invoice Fraud', which moved over 3.5 million euros. Nine Brazilian nationals were arrested during an operation last year and remain in custody. The investigation revealed a hierarchical structure with a leadership core based abroad. Authorities have frozen 418,000 euros and identified 17 victims with losses totalling 1.4 million euros. According to the Annual Internal Security Report, CEO Fraud remains a significant threat, with 192 incidents recorded in 2025, a 20% increase from the previous year.

Context & Explainers

Polícia Judiciária

The PJ (Polícia Judiciária) is Portugal's national criminal investigation police agency, founded in 1945. Operating under the Ministry of Justice and supervised by the Public Ministry (prosecutors), the PJ is a "higher criminal police body" specializing in serious and complex crimes. ​ Mission: The PJ assists judicial and prosecuting authorities by investigating terrorism, organized crime, homicide, kidnapping, drug trafficking, corruption, cybercrime, financial crime, and money laundering. It conducts forensic examinations, operates Portugal's Interpol and Europol liaison offices, and maintains specialized units including the National Counterterrorism Unit and National Anti-Corruption Unit. ​ Difference from PSP/GNR: While PSP (civilian urban police) and GNR (military rural police) focus on preventive policing, public order, and investigating minor crimes, the PJ exclusively handles serious crime investigation requiring specialized technical and scientific expertise. PSP and GNR report to the Ministry of Internal Affairs; PJ reports to the Ministry of Justice. PJ officers receive higher pay and prestige but face greater operational risk.

AI Summary AvailableJudiciary Police conclude 3.5 million euro fraud investigationRead the synthesized summary with context and explainers
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