- An organized group in Azerbaijan was exposed for large-scale VAT fraud and money laundering.
- The group used over 300 vulnerable people to register 777 legal entities and 103 individuals for fake businesses.
- They caused more than 81.5 million manats in economic damage and stole over 8 million manats in VAT.
- 30 people have been charged, with 10 in pre-trial detention and others facing alternative measures; some suspects are still at large.
- The investigation is ongoing.
Source: azernews.az
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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