- A criminal organization involved in VAT fraud of over 20 million euros in mobile phone sales has been dismantled.
- Joint operation by the Tax Agency and Guardia Civil.
- 15 arrests made in Malaga, Valencia, Madrid, Seville, Cadiz, and Barcelona.
- 146 properties and over 280 bank accounts blocked.
- 9,000 cell phones, over 200,000 euros in cash, 35,500 dollars in cryptocurrencies, and 75 vehicles seized.
- Investigation revealed a complex business network evading VAT since 2019.
- Fraud involved imported phones and large promotional purchases.
- Organization used fraudulent resale chains with fake shipments.
- Devices sold as refurbished in Spain and other European countries.
- VAT fraud schemes allowed selling phones at lower prices, cornering the market.
- Profits spent on real estate; 146 properties and 280 bank accounts frozen.
- 23 searches and raids conducted under Court of Instruction No. 6 in Malaga.
Source: sede.agenciatributaria.gob.es
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.
