Major Raid Targets Engel & Völkers Over Alleged Employment Violations
Authorities investigate claims of misclassified workers and unpaid social contributions at the prominent real estate firm.
- German customs officials conducted raids on 18 locations associated with Engel & Völkers, including its Hamburg headquarters, as part of a nationwide investigation.
- The focus of the probe is the alleged misclassification of real estate agents as independent contractors while they reportedly operated under employee-like conditions.
- Authorities suspect that several individuals involved failed to pay required social security contributions for these workers.
- More than 300 personnel, including digital forensics experts, participated in the operation, collecting evidence and interviewing witnesses.
- Engel & Völkers confirmed their cooperation with authorities and emphasized their commitment to resolving the allegations quickly and transparently.