Report-report on methods used by managers Non-Governmental Organizations in order to steal money from the funds of organizations, they were compiled and made public by the Office for the Prevention of Money Laundering.

Such as “K” shows today, the document is titled “Abuse by Nonprofit Organizations” and is 16 pages long. It is no coincidence that it was posted on the website of the Office almost simultaneously with the publication of the seizure of the assets of a Greek activist, who is under investigation on suspicion of criminal disloyalty towards the NGO he leads. “Criminals have exploited systemic weaknesses and the lack of a unified regulatory framework and proper oversight of NPOs to profit, while simultaneously exploiting the financial system both at home and abroad,” the report concludes. According to well-informed sources, Rinse principleheaded by Charalambos Vourliotis, has audited more than 100 non-governmental organizations over the past two years.

Some of them provide assistance to immigrants, and some do not. The control was carried out either ex officio or after receiving information provided to the Financial Institutions Authority regarding suspicious transfers. Less often, investigations were carried out on requests from abroad. Of the more than 100 NGOs inspected, clear signs of embezzlement and disloyalty were identified for 40. The Anti-Money Laundering Authority froze the administrators’ assets and forwarded the findings to the prosecutor’s office for prosecution.

Specific conclusions were drawn from the analysis of the cases – conclusions about the methods allegedly used by NPO leaders in order to seize the funds of organizations. The main ones are listed in a 16-page document.

The methods used by their managers to steal money are presented in a report from the Money Laundering Authority.

“Criminals, as managers or real beneficiaries of an exploited NGO, use the income of this organization to buy real estate. Through NGO accounts, they pay taxes on the transfer of real estate, which, however, become the property of criminals, not NGOs,” is one of the ways recorded by the Office. There are also cases where administrators hired proxies who returned money paid to them as wages in the form of money transfers to the personal accounts of NGO leaders.

In other cases, administrators or beneficiaries of non-governmental organizations, using less sophisticated methods, use the income of organizations to cover their living expenses, as well as maintenance costs, for example. their houses.

In addition to the eight methods of embezzling money, the FDA also lists a number of “danger indicators” or red flags that should activate audit and prosecution reflexes. These include crediting salaries from other NGOs, sending money transfers from NGO accounts to companies operating abroad, etc.