- Authorities raided 14 locations to dismantle a VAT fraud network causing over 1,000 million in state losses.
- Over 100,000 documents were discovered during the operation.
- Key figures involved were arrested, including a 63-year-old leader and 10 others.
- The fraud involved issuing fake tax invoices and claiming VAT refunds without actual transactions.
- The network created fake sales between companies to inflate product prices and VAT.
- The scheme involved exporting goods to Myanmar to claim VAT refunds.
- The network requested over 150 million in VAT refunds from 2021 to 2022.
- Total damages from the fraud are estimated at over 1,000 million.
- Evidence led to arrests, with some suspects confessing and others denying involvement.
Source: khaosod.co.th
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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