VAT fraud from reselling mobile phones caused €29.8 million in tax losses
The Hungarian National Tax and Customs Administration (NTCA), supported by Europol, dismantled an organised crime group involved in cross-border VAT fraud (missing trader intra-community fraud) and carousel fraud.
The two action days in June led to:
- 59 house searches
- 14 arrests
- Seizure of assets worth € 14.2 million including € 4.23 million in real estate, € 2.8 million in bank accounts and € 500 000 in cash
Source Europol
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