Slovak authorities uncover 200 fictitious businesses in two-year crackdown

Slovak authorities have identified approximately 200 fictitious businesses over the past two years as part of an ongoing effort to combat fraudulent commercial activities. The crackdown targets fake business registrations that are typically used to avoid taxes, launder money, or facilitate other illegal activities. These fictitious enterprises often exist only on paper, with no genuine business operations, and represent a significant challenge for Slovak financial authorities who are working to strengthen oversight of the country's business registry system.