- Eleven arrests made in €520 million VAT fraud investigation named Moby Dick
- Conducted by European Public Prosecutor’s Office in Milan and Palermo
- Italian State Police and Financial Police executed arrest warrants
- Suspects linked to laundering proceeds and aiding Camorra criminal organization
- Previous arrests of 43 suspects in November 2024 across more than 10 countries
- One ringleader surrendered at Milan Malpensa airport from Tirana
- Investigation revealed connections to Nuvoletta and Di Lauro clans
- Criminal syndicate issued invoices for over €1.3 billion in electronic goods
- 195 individuals and over 400 companies under investigation
- €520 million freezing order in place to compensate EU and national budgets
- 129 bank accounts, 192 properties, and 44 luxury vehicles seized in Italy
- All suspects presumed innocent until proven guilty in Italian courts
- EPPO responsible for investigating and prosecuting EU financial crimes
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 "European Union"
- ECJ C-121/24 (Vaniz) – AG Opinion – Joint VAT liability requires existing debtor; no liability post-liquidation
- ECJ/General Court VAT Cases – Pending cases
- ECJ VAT Cases decided in 2025
- ECJ C-726/23 (Arcomet Towercranes) – Judgment – Transfer Pricing Adjustment for intra-group services subject to VAT; documentation required
- Public Consultation on Tobacco taxation – excise duties for manufactured tobacco products
