- The European Public Prosecutor’s Office (EPPO) conducted searches in the Netherlands and seized assets in an investigation into VAT carousel fraud involving consumer electronics.
- The searches took place in Zoetermeer, Reeuwijk, and Berkel en Rodenrijs.
- Real estate, bank accounts, a boat, and four cars, including a Porsche Carrera, were seized.
- Three individuals are suspected of playing a key role in the cross-border VAT fraud.
- The fraud involved the trade of IT products and consumer electronics.
- Shell companies were used to evade the payment of VAT.
- The estimated damage amounts to millions of euros in tax losses.
- The investigation is ongoing to determine the extent of the criminal activities.
Source: eppo.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
