- Three defendants indicted in large-scale VAT fraud investigation named ‘Huracán’
- Alleged involvement in fraudulent scheme involving international trade of over 10,000 cars
- Defendants bought cars from main suspects and sold them to car dealers outside of Germany
- Cars fraudulently sold as ‘margin cars’ to evade VAT in the country of final seller
- VAT damage of over €18 million in this part of the scheme
- Cash and real estate worth €1.7 million seized from defendants during searches
- Risk of several years of imprisonment if convicted
- EPPO responsible for investigating and prosecuting crimes against the financial interests of the EU
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.
