- EPPO in Munich is investigating a €10 million VAT carousel fraud scheme
- Three additional suspects were arrested in Lisbon, Portugal
- Arrests were made by the Tax Investigation Office in Leipzig with support from Portugal’s National Guard
- Suspects are believed to be part of an organized crime group exploiting EU cross-border transaction rules
- All suspects are presumed innocent until proven guilty in German courts
- EPPO is responsible for handling crimes against the EU’s financial interests
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.
