EU Prosecutors Uncover Criminal Scheme Involving Chinese Imports via Greece

EU prosecutors uncover criminal scheme involving Chinese imports via Greece

European prosecutors have uncovered a criminal scheme involving false documentation of Chinese imports to Europe through the Greek port of Piraeus that defrauded authorities of about 700 million euros ($820 million) in lost customs duties and VAT revenue. Read more at straitstimes.com.

EU prosecutor uncovers €700 million fraud ring at Piraeus port

A sweeping investigation led by the European Public Prosecutor’s Office has uncovered a massive, €700 million smuggling and tax fraud ring centered at the Greek port of Piraeus, leading to multiple arrests and large-scale seizures across Europe.

European prosecutors investigate criminal operation involving Chinese imports via Greek port

European prosecutors have recently uncovered a significant criminal scheme involving the falsification of documentation for Chinese imports entering Europe via the Greek port of Piraeus. This has resulted in an estimated loss of approximately € 700 million in customs duties and VAT revenue to the authorities. The investigation, led by the European Public Prosecutor’s Office (EPPO), encompasses 14 EU countries and has involved coordinated raids i…

EU Cracks Down on €700M Customs Fraud Ring Tied to Chinese Imports

Raids across four countries net 10 arrests—including customs officers—as investigators uncover scheme to evade VAT and duties through Greece's Port of Piraeus.