Estonia opens a criminal investigation into crowdfunding platform Envestio

Estonia has launched a criminal investigation against the crowdfunding platform Envestio that traces back to Latvia. Envestio managed to raise around $32 million, and now law enforcement authorities are establishing what has happened exactly...

Estonia opens a criminal investigation into crowdfunding platform Envestio
Estonia has launched a criminal investigation against the crowdfunding platform Envestio that traces back to Latvia. Envestio managed to raise around $32 million, and now law enforcement authorities are establishing what has happened exactly and whether the money has been stolen. Investors in the platform were from across Europe, while owners and the board were citizens of Estonia and Latvia.