Society
Caritas scandal
Caritas Luxembourg fraud: Italy arrest revives €61m cross-border case
An arrest near Rome has pushed the embezzlement scandal at Caritas Luxembourg back into the spotlight. Roughly €61.2 million vanished from the charity in 2024 through a 'fake president' fraud, and the cross-border investigation has since produced arrests and convictions in several countries, 54 asset-freezing orders, and a record regulatory fine for a Luxembourg bank.
