Action day with over 450 searches in 7 countries
More than 2000 tax, customs and police investigators in seven countries (Belgium, Germany, Hungary, Italy, the Netherlands, Portugal and Spain) are currently carrying out an action day with over 450 searches, as well as seizures of real estate and luxury cars. Five people were arrested today, 14 June 2023.
The European Public Prosecutor’s Office (EPPO) in Cologne (Germany) leads this investigation, code-named Huracán, after their discovery of a large VAT fraud scheme concerning the international trade of more than 10 000 cars. The total fraudulent turnover of the organised crime group behind the scheme is estimated at €225 million, and the estimated VAT damage caused by the suspects amounts to at least €38 million.
Source: eppo.europa.eu
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