- Italy: EPPO arrests two main suspects in VAT fraud investigation
- €7.6 million frozen in bank and financial assets
- Investigation named ‘Easy Car’ focused on luxury car market fraud
- Fraud scheme involved sale of 1500 cars to other countries and back to Italy
- Total value of invoices for non-existent transactions around €20 million
- 17 individuals and seven companies targeted in investigation
- Judge ordered house arrest of suspects and freezing of €7.6 million
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.
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