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Munich Security Firm Raided Over Alleged Off‑the‑Books Pay, Three Arrested and €2.5 Million Seized

Investigators estimate at least €10 million in losses to public funds from pay routed through shell companies.

Overview

  • More than 250 officers from the Rosenheim customs office searched two company locations and 18 residences in Munich and surrounding areas late last month.
  • Seized assets total roughly €2.5 million, including a Porsche 911, eleven luxury watches, multiple properties, and silver and gold jewelry.
  • Officers found five pistols, nine rifles in total, 16 loaded blank‑firing guns, and ammunition compatible with an AK‑47.
  • Three principal suspects were detained on warrants on suspicion of undeclared work and remain in pretrial custody as the investigation proceeds.
  • Officials said the large deployment reflected concerns about prior violent and armed behavior by key suspects, and investigators are analyzing seized documents and phones.