- Four individuals, including an accountant and three entrepreneurs, were convicted in Naples for participating in a criminal organization that committed VAT carousel fraud by selling electronics at low prices and evading VAT.
- Seven additional suspects, including public officials, accepted plea bargains and prison sentences for their roles, which included accepting bribes to delay legal and tax procedures and illegally accessing police and judicial databases.
- The investigation, led by the European Public Prosecutor’s Office (EPPO) and the Italian Financial Police, resulted in prison sentences ranging from two to ten years and the seizure of approximately 3 million euros.
- All accused are presumed innocent until final court decisions are made.
- The EPPO is responsible for investigating and prosecuting crimes against the EU’s financial interests.
Source: taxheaven.gr
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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