- Five suspects (three Danish, two Turkish nationals in Germany) indicted for €188 million VAT fraud and money laundering via Hawala and cryptocurrency.
- The group operated a criminal organisation selling electronics, committing over 100 cases of tax fraud between 2019 and 2023.
- Two main defendants previously convicted for related tax evasion, currently serving prison sentences in Germany.
- The organisation used fake companies across several EU countries, straw directors, forged documents, and fake deliveries to facilitate carousel VAT fraud.
- Illicit profits were laundered through Hawala networks, fake consulting firms, and cryptocurrency purchases.
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.
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