Italian Police Arrest Seven in €18M VAT Fraud Case: EPPO Investigation in Rome

• Italian police arrested seven individuals for an €18 million VAT fraud involving the sale of drinks
• The suspects are accused of creating fake invoices and fictitious transactions
• The fraud involved claiming goods were exported to other EU markets to avoid paying VAT
• The investigation focused on a beverage trading company in Foggia
• The suspects face money laundering charges in addition to fraud
• The suspects’ bank accounts, properties, and assets were frozen by Italy’s financial authorities

Source: occrp.org

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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