First Conviction in the “Huracán” Case: Five People Convicted for €53 Million VAT Fraud in Germany

• Five people were convicted for VAT fraud in Germany, totaling over 53 million euros
• The case, named “Huracán”, involved organized fraud in the car trading sector
• The defendants were sentenced to prison terms ranging from 1 year and 9 months to 6 years and 2 months
• The court ordered the confiscation of assets worth 43.5 million euros and the sale of 130 seized cars for 3 million euros
• This is the first conviction in the “Huracán” investigation led by the European Public Prosecutor’s Office (EPPO)
• The defendants have one week to appeal the decision, otherwise it will be final
• The EPPO is responsible for investigating and prosecuting crimes against the financial interests of the EU

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.