Five arrested in European €114m VAT fraud probe, three in Cyprus
34 Articles
34 Articles
European authorities have dismantled a cross-border fraud ring with an estimated tax loss of 114 million euros. The fraud is centered on the smartphone trade. According to the information, five arrests were made in Cyprus, Germany and Italy as part of a major investigation by the European Public Prosecutor's Office. The operation also involved Greek authorities, while searches and seizures were also carried out in Greece. According to an announc…
Five arrested in European €114m VAT fraud probe, three in Cyprus
Five people have been arrested this week – three in Cyprus – during an investigation by the European public prosecutor’s office into cross-border VAT fraud amounting to €114 million. The arrests were made in Cyprus, Germany and Italy, at the request of the European public prosecutor’s office in Munich. The fraud had to do with […]
Protothema
seleo.grThe ring allegedly exploited EU rules on cross-border transactions, causing huge tax losses in Sweden and Germany - Asset seizures and 12 investigations in four countries
Five suspects were arrested in Cyprus, Germany and Italy as part of an investigation into a cross-border VAT fraud of 114 million euros, which is linked to...
International investigation into €114 million VAT fraud in the mobile phone trade. Five arrests, property seizures and 12 raids in Greece.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
