- Fourth person convicted in large-scale VAT fraud investigation Midas
- EPPO in Munich secured the conviction
- Case involves VAT fraud across 17 countries with estimated damage of 195 million euros
- Augsburg Regional Court sentenced an individual for VAT fraud
- Convicted person acted as director of a missing trader, causing VAT loss of around 1 million euros
- Sentenced to one year and 6 months of imprisonment on probation
- Midas targets a transnational criminal organization involved in VAT fraud with smartphones, electronics, and face masks
- Investigation led by EPPO offices in Munich and Cologne
- Tax Investigation Office in Berlin conducted the investigation
- EPPO is the EU’s independent public prosecution office for 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.
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