- A criminal organization accused of a VAT fraud of over 25 million euros has been dismantled.
- The operation was led by the European Public Prosecutor’s Office.
- 24 people have been arrested in Madrid, Guadalajara, and Cádiz.
- Assets worth over 4.8 million euros, including properties, vehicles, cash, and valuable objects, have been seized.
- Hundreds of bank accounts in Spain, Belgium, Lithuania, and Romania have been frozen.
- The organization used security measures and communication applications to avoid detection by authorities.
- The investigation lasted two years and revealed a complex network of companies involved in VAT fraud.
- The scheme took advantage of European regulations on cross-border transactions exempt from VAT.
- The main company in the scheme distributed products at lower prices, leading to unfair competition.
- The investigation also uncovered illegal profits used to acquire properties and luxury items.
- The suspects are accused of tax fraud, money laundering, and counterfeiting.
- The operation involved officials from the National Fraud Investigation Office, the Customs Surveillance Service, and the National Police, under the direction of the European Public Prosecutor’s Office.
Source: sede.agenciatributaria.gob.es
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.
