While arresting a 52-year-old man for her crimes forgery and fraudcontinued on Thursday morning, the elders in her area Nea Ionia.

This was preceded by a check of information and intensive searches by employees of the Operative and Investigative Department of the Security Directorate.

The 52-year-old man allegedly compiled fake documents confirming his status as a business owner. Using these under forged documents and with the assistance of accomplices who worked in “key” positions, to certify and maintain the necessary guaranteesdeceived financial institutions, obtaining mortgage and business loans.

In fact, it is claimed that the total benefit received by the 52-year-old from his criminal activities is at least 700,000 euros. The detainee was taken to the competent prosecutor’s office.