Money from Moldova disappeared in North Tallinn
The two biggest beneficiaries of the Russia-Moldova cash flow in Estonia are phantom clients of tycoon Endel Siff's modest office building in Tallinn's Bekker port.
23.03.2017, Joosep VärkPM
Heads of Danske Estonia fired over money laundering
The management of the Estonian branch of Danske Bank was fired over transactions made in 2011-2014 that are suspected of having been cases of money laundering, adviser at Danske Bank Flemming Pristed said yesterday.
Aivar Rehe: it sounds very illogical
Former leader of the Estonian branch of Danske bank Aivar Rehe says, he did not know anything about transactions from Moldova and this story sounds very illogical.
21.03.2017, Joosep Värk
Apple asus poest kõrvaldama Iraani äppe
USA tehnoloogiahiid Apple on asunud oma App Store’ist eemaldama Iraani startuppide ja arendajate loodud rakendusi.
30.01.2017, Aivar PauPM
The ups and downs of Tallinn Stock Exchange
«Perhaps cheaper?» said President Lennart Meri over telephone at the festive opening of Tallinn Stock Exchange twenty years ago, about to buy his very first securities.
31.05.2016, Tõnis OjaPM
Granny gives crook over €30,000
An elderly country woman in Ida-Viru County transferred €33,500 to a swindler she met over Internet, having borrowed it from relatives. Though those closest to her say it is an obvious case of fraud, police and prosecutor cannot do anything as she is not cooperating.
10.05.2016, Elizaveta FominaPM
Fraudster, saint or two-faced Janus?
Court verdicts say that the businessman Raivo Paala is a hardened veteran fraudster who has tried to cheat the state with hundreds of millions of euros. Meanwhile, Mr Paala has this other face of an uncompromising fighter for human rights.
14.04.2016, Nils NiitraPM
Supreme Court subjects Bitcoins trade to money laundering rules
Yesterday's verdict put an end to longstanding doubts whether trades with the cyber money should be treated as economic activity requiring special permit or not – in a landmark stand, Supreme Court declared mediation of Bitcoins an economic activity subject to anti-money-laundering supervision.
12.04.2016, Aivar PauPM
Estonian money mules made own bank cards
The bank card fraud did millions of dollars worth of damage to an US company. True, mere tens of thousands passed thru the Estonian hands and they were straw-men rather than authors of the scheme.
18.03.2016, Joosep VärkPM
Setos on edge over pennies offered for border land
Kuldar Laanelind, a Seto, is not about to hand his 1,550 square metres of border strip to the state for €90: «I'd have my Dad turn over in his grave for just giving it up like that!»
07.03.2016, Nils NiitraPM
500 euro «Bin Laden» to be binned
So most of us Estonians will never see the €500 note as European Central Bank is thinking to give it up seeing such a large part of its users are crooks.
18.02.2016, Tõnis OjaPM
Yesterday, four percent of Tallink shares change hands over-the-counter
Yesterday, 27.5 million Tallink shares changed hands over-the-counter amounting to 4 percent of the shipping company shares, say Estonian Central Register of Securities data. The amount of transactions was 15.
23.12.2015, Tõnis OjaPM
Client and bank to deal via video
Next year, Estonia emerges as among the first nations on Earth where clients must not trot to bank branches for transactions needing personal identification. A video link will do the job.
11.12.2015, Aivar PauPM
Card payment option made cheaper for small shop keepers
Decision by European Union to enforce ceiling to mediation fees from card transactions is good news to owners of small stores and businesses who are currently forced to hand the banks a significant sum on every card payment
07.12.2015, Hanneli RudiPM
Reasons why Ms and Mr Rosimannus were spared from scrutiny
Postimees delved deep into reasons why outwardly vital criminal investigations were omitted in Autorollo bankruptcy case such as link the incident to top politicians at Reform Party.
21.10.2015, Risto BerendsonPM
Confused, banks erraneously move money of hundreds of thousands
Disorientated by technical problem at partner, several banks in Estonia transferred money to accounts of hundreds of thousands clients without bases or earmarked extra sums.
24.09.2015, Triin ÄrmPM
Bribe possibly passed in Pärnu
To this day, official information is unavailable by Latvia on shared corruption scandal with Estonia. Estonia's law enforcement, having provided legal assistance to Latvian colleagues, is obliged to keep mouth shut.
12.08.2015, Anneli AmmasPM
Editorial: banking on a place
In Postimees today, Swedbank Estonia director general Priit Perens tells a truth at first glance shocking. Most of their branches – such as are outside of Tallinn and Tartu – are loss-making. Little local branches aren’t good for the bank to keep, all they do is swallow money. Still, the banker vows to keep the unprofitable doors open as long as people keep coming.
Bank only packs bags after folks go
Swedbank Estonia director general Priit Perens says local branches are in the red except for Tallinn and Tartu.
02.06.2014, Tõnis OjaPM
Taxman not after the tiny transaction
As assured by Tax and Customs Board director general Marek Helm, disappearance of cash would not bring persecution of ordinary people doing petty transactions between each other, but wings of the Big Tax Evader would surely get clipped.
25.11.2013, Nils NiitraPM
Number of real estate transactions drops 7.7 pct m-o-m in August
According to revised data of the Estonian Land Board, 3,436 purchase and sale transactions of real estate were concluded in August, which marks a 7.7 percent drop against July.
Number of real estate transactions up 24.5 pct on year in Q2
In the second quarter of this year the number of purchase and sale transactions of real estate notarized in Estonia increased 13 percent on year to 10,689 and their total value grew 24.5 percent to 521 million euros, data published by Statistics Estonia show.