LKA Accuses Two in 3.5M Euro KfW Loan Fraud Case
The Lower Saxony State Criminal Office (LKA) has accused two main suspects, aged 40 and 56, of fraudulently obtaining KfW loans worth 3.5 million euros for five logistics companies. The investigation, ongoing since 2023, focuses on six suspects aged 40 to 64.
On March 27, 2025, the LKA conducted raids at twelve locations across Lower Saxony, Hamburg, and Saxony-Anhalt. Digital evidence and company documents were seized. The 40-year-old suspect is also accused of securing a 2.0 million euro loan for her own company, which resulted in significant losses. The suspects allegedly provided false information in their loan applications and used the funds for unintended purposes.
The investigation has revealed that two companies' insolvencies may have been deliberately delayed, leading to further inquiries into economic crime. The Braunschweig Public Prosecutor's Office is handling the case.
The LKA continues to evaluate the seized evidence and pursue further investigations. The accused, including Tobias G., face charges of fraud involving KfW corona loans and delayed insolvency.
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