EU-WIDE VAT FRAUD ORGANISED CRIME GROUP BUSTED
The damage caused to the EU economy due to the VAT fraud reached EUR 60 million. The fraudulent schemes affected several countries, including Belgium, Bulgaria, Germany, Hungary, Italy, Portugal, Romania and Spain. An organised criminal group involved in pan-European VAT fraud and money laundering has been dismantled in a joint operation led by the Spanish National Police, together with the Spanish Tax Agency and supported by Europol and Eurojust.
The investigation also saw the involvement of national authorities from Belgium, Bulgaria, Germany, Hungary, Italy, Portugal and Romania.
In total, the damage caused to the EU economy due to this VAT fraud reached EUR 60 million. Between 18 and 20 April 58 suspects were arrested in Belgium, Germany, Portugal and Spain and 101 premises were searched in various EU countries.
As a result, law enforcement seized 52 luxury cars, numerous documents, EUR 400 000 in cash, IT material and one weapon.