- Over 80 searches conducted and three suspects arrested in probe into multimillion VAT fraud involving car sales
- Suspects arrested in Munich and a village close to Dortmund
- More than 40 high priced vehicles seized, along with luxury apartment and frozen bank accounts
- Cash in multiple currencies, luxury watches, jewellery, and luxury bags seized
- Writing robot used to print signatures on invoices and a weapon found
- German companies suspected of fraudulently exporting cars using VAT ‘carousel’ fraud
- Scheme caused estimated damage of over €70 million in lost VAT in Germany alone
- Investigation supported by Europol, German Tax Investigation Offices, and Italian Financial Police
- 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.
