- Greek customs officer caught with millions in cash linked to VAT fraud involving Chinese organized crime.
- Investigation reveals large-scale import scheme evading customs duties and taxes in Europe.
- Significant cash and assets seized, with losses estimated over €800mn in customs duties and VAT.
- Corruption among civil servants facilitated the scheme, impacting EU and national budgets.
- Chinese criminal groups heavily involved, aiming to dominate supply chains and evade taxes.
Source: ft.com
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"
- Online workshop – Reality check on the revision of eInvoicing Directive (April 27)
- CEN Approves EN 16931‑1:2026, Updating the European eInvoicing Standard for ViDA
- EU member states disagree on VAT data exchange
- European Commission Proposes “EU Inc.”: A Unified Digital Corporate Form to Boost Cross-Border Business
- EU-Australia Free Trade Deal Boosts Exports, Faces Criticism Over Agricultural Quotas and Protections
