(Luxembourg, 8 June 2026) – At the request of the European Public Prosecutor’s Office (EPPO) in Naples (Italy), last week the Italian Financial Police (Guardia di Finanza) conducted searches and seized assets at the residence of five suspects in Naples, Caserta and the surrounding province, as part of an investigation into possible subsidy fraud involving RRF funds for Small and Medium-sized Enterprise (SME).
Assets to the value of €305 500 were ordered to be seized by the Judge for Preliminary Investigations in Santa Maria Capua Vetere (Caserta), including cars, real estate, and funds held in the suspects’ bank accounts.
According to the investigation, a company based in Naples obtained a non-repayable loan of €300 000 from the EU’s Recovery and Resilience Facility (RRF) for Italy, intended to support digital and ecological transition for SMEs. The company is believed to have submitted false financial statements and provided false information in order to obtain the support.
The public funds were then allegedly used for purposes other than those for which they were granted.
All persons concerned are presumed innocent until proven guilty before the competent Italian courts.
The European Public Prosecutor’s Office (EPPO) is the independent public prosecution office of the European Union. It is responsible for investigating, prosecuting and bringing to judgment crimes against the financial interests of the EU.