- A major criminal organization involved in one of the largest VAT frauds in the hydrocarbon sector (approx. 300 million euros) was dismantled by Spanish authorities.
- Eight people were arrested and ten more are under investigation for money laundering, tax evasion, criminal organization membership, and illegal weapons possession.
- Raids resulted in the seizure of over 130,000 euros in cash, 167 luxury watches, financial assets over 14 million euros, accounts with more than 12.5 million euros, 3.6 million liters of fuel, 60 luxury vehicles, and 46 properties.
- A clandestine firearms workshop was discovered, containing 44 weapons, war ammunition, and an armored vehicle with a machine gun.
- The organization evaded taxes by not paying VAT and biofuel compensatory payments, allowing them to sell fuel below market prices and undercut competitors.
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.
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