Tag #D-Reizen

What was the primary cause of D-reizen's bankruptcy, and what were its immediate consequences?

Four years after the bankruptcy of D-reizen, an investigation found no evidence of misappropriation of funds before the company's collapse in April 2021. The bankruptcy left thousands of customers without refunds, leading to fraud accusations against the leadership. However, the investigation, which included examining complex government compensation schemes during the pandemic, concluded that the COVID-19 pandemic was the primary cause of D-reizen's failure.