- The European Public Prosecutor’s Office (EPPO) conducted raids in Greece as part of an investigation into a criminal organization.
- The organization is suspected of committing a €36.4 million VAT fraud and a €9.6 million EU subsidy fraud.
- The Hellenic Financial Police carried out searches and arrests, resulting in the seizure of luxury cars, mobile phones, and cash.
- Charges were pressed against 32 individuals, with 10 already arrested and brought before the investigative judge.
- The criminal organization is involved in the wholesale and retail trade of consumer electronics, particularly mobile phones.
- The suspects created a network of companies in Greece and other EU Member States to exploit cross-border transactions and evade VAT payments.
- The investigation has revealed estimated losses of €36.4 million to the EU and national budgets.
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.
