Greek tax authorities are investigating a real estate agency and construction company operating in the Cyclades islands for alleged tax evasion totaling €3.1 million. The investigation, conducted by the Directorate for the Enforcement of Tax Compliance (DEOS), stemmed from a review of the companies’ 2024 tax returns. Auditors discovered significant income had not been declared to the state. The case highlights ongoing efforts by Greek authorities to crack down on financial crimes, particularly within sectors like real estate and construction. No arrests have been made, and the investigation is ongoing as authorities gather further evidence and assess potential penalties. The findings represent a substantial sum in undeclared revenue, signaling a potentially deliberate attempt to avoid tax obligations. Further details regarding the specific methods of evasion have not yet been released.