Helsinki Police Investigate Suspected Overbilling Fraud in City Apartment Renovations, Three Suspects Named – City Reviews Oversight Practices as Economic Crime Surges

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Helsinki Police are investigating a suspected fraud scheme involving two former deputy property managers of the City of Helsinki and a subcontractor, who allegedly overbilled for renovations in city-owned rental apartments. The case, which came to light through the Tax Administration, was disclosed by police today in a press conference (MTV Uutiset). The matter is being investigated as aggravated fraud, with convictions potentially resulting in several years of imprisonment (Yle). The two former city officials are suspected of defrauding more than €600,000 between 2023 and 2025, with the scheme allegedly split among the three suspects (Daily Finland).