Investigations continue into €47 million carousel fraud – Four individuals identified
Investigations into carousel fraud case with damage estimated at €47 million: Four individuals have been identified, including businesspeople and accountants, who are alleged to be involved in a tax evasion scheme.
Investigations continue into €47 million carousel fraud – Four businesspeople and accountants identified
Investigations into a carousel tax fraud case, with damage estimated at €47 million, are proceeding at full pace. Prosecuting authorities have identified four individuals, including businesspeople and accountants, who are alleged to be involved in the scheme.
According to information from Proto Thema, the case concerns a scheme that exploited the intra-community transaction regime to avoid paying VAT. Members of the scheme are alleged to have created fictitious companies at multiple levels, through which goods were moved without the corresponding tax ever being paid.
Competent authorities are examining evidence from bank accounts, invoices and contracts to determine the full scope of the fraud. The individuals who have been identified are expected to be called in for questioning, with further arrests not being ruled out.
The case falls within the broader scope of inspections being carried out to combat tax evasion and false invoicing in the Greek market.
Source: Google News GR — Crime (el)