- 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.
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