Dismantling of Criminal Organization – Cross-border VAT Fraud and Fraudulent Receipt of Refundable Advances

• A criminal organization involved in tax fraud and fraudulent receipt of advance refunds has been dismantled.
• The organization had stolen over 15 million euros and evaded 70 million euros in taxes.
• They were creating fictitious companies and have arrested 10 members, including the three leaders.
• Over 1.5 million euros have been seized from the accounts of virtual businesses.
• The organization used fake documents and false statements to establish companies and evade taxes.
• They declared non-existent rental agreements and used fake individuals as company representatives.
• They obtained tax identification numbers and banking codes through these false identities.
• The organization engaged in illegal financial activities and received illegal subsidies from the Greek government and the European Union.
• They opened bank accounts and issued electronic banking codes.
• To avoid detection, they constantly established new legal entities and changed company representatives.
• They covered up their virtual transactions through a complex network of banking movements.

Source: taxheaven.gr

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.

---

---