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Latvia Court Confiscates €230k, Luxury Car and Real Estate in EPPO Procurement Fraud Case

Riga City Court ordered the confiscation of a luxury vehicle, real estate in central Riga, and €230,000 in bank accounts under a non-conviction-based procedure, as part of an EPPO investigation into suspected procurement fraud at Daugavpils University involving European Social Fund financing. The fraud involved rigging of public procurement specifications and inflating costs, causing €306,957.24 in damage to the EU budget and €54,168.92 to the Latvian state budget. The pre-trial investigation remains ongoing and all persons concerned are presumed innocent until proven guilty.