- 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.
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