500 million euro fraud involving Superbonus: 12 people arrested in Italy
Italian police have dismantled a criminal organisation that diverted public funds through false tax deductions linked to the Superbonus building scheme.
500 million euro fraud involving Superbonus: 12 people arrested in Italy
Italian law enforcement has uncovered a criminal system that caused damage to the State exceeding 500 million euros. The group exploited the Superbonus, an incentive scheme introduced in 2020 to promote renovation and energy savings, by issuing false documents for work that was never carried out.
Investigators arrested 12 people, accused of criminal association, aggravated fraud, money laundering and other offences. According to the inquiry, more than 60 shell companies were involved, with simulated operations on 22 buildings distributed across Rome, Syracuse, Verona and the Lake Como area. The renovation works appeared to have already been completed previously by other enterprises.
The criminal network, as reported by the agency AFP cited by Topky.sk, made use of two professionals with direct access to the tax system. These individuals generated false certifications, thereby obtaining improper tax credits without the knowledge of the actual property owners. The credits were then transferred to third parties in exchange for a sum lower than their nominal value, or used to reduce taxes owed.
The prosecutor's office emphasised that the timely intervention prevented even greater losses. It also expressed regret that a measure designed to support the construction sector was exploited for a fraudulent operation of such scale.
Source: Google News SK — Crime (sk)