- EPPO in Munich secured a conviction in a VAT fraud case involving platinum coins
- The convicted individual was a leader in a criminal organization defrauding over €23 million
- Munich Regional Court sentenced the individual to six years and three months in prison
- €4.9 million was confiscated from the defendant
- The fraud involved a VAT carousel scheme with repeated circulation of platinum coins
- Criminal activities led to a tax loss of at least €23 million in Germany
- Core activities were in Hamburg, Chemnitz, and Munich; money laundering in Czechia and Slovakia
- Investigation was conducted by the Tax Investigation Office in Chemnitz
- EPPO is the EU’s independent public prosecution office for financial crimes against 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.
Latest Posts in "Germany"
- Major VAT Compliance Changes for Companies in Germany Under 2025 Tax Amendment Act Starting 2026
- VAT Margin Scheme: Protection of Legitimate Expectations in Light of Recent BFH and ECJ Decisions
- German Court Rules on Input VAT Adjustment for Repayment by Guarantors in Failed Transactions
- German Court Clarifies Input VAT Adjustment Rules for Repayment by Bank Guarantors
- German Court: Input VAT Deduction Must Be Adjusted After Import VAT Repayment in Insolvency
