100 Million Euros Laundered Using Tax Carousel and Luxury Cars
11 Articles
11 Articles
The European Public Prosecutor's Office has dismantled a criminal network that profited from fraud and tax evasion in the import and sale of luxury cars to the tune of €100 million in a major international investigation. Thirteen people were arrested and several properties, including in Croatia, cash, cryptocurrencies, luxury watches and weapons were seized.
The European Public Prosecutor's Office (EPPO) in Frankfurt and Graz conducted a major international operation against a criminal network.
European prosecutors have launched an investigation into a group that caused losses of 100 million euros through cross-border VAT fraud schemes involving car imports, the European Public Prosecutor's Office (EPPO) reported, adding that seven properties in Croatia were seized during the measures. The investigation, led by the EPPO's Frankfurt and Graz offices, codenamed 'Javelin', […]
A major international operation against an organised crime network suspected of tax fraud in the luxury car trade has led to the arrest of 13 people and the seizure of assets worth millions of euros. Investigators suspect that the group has caused damage to the budgets of European Union member states by around 100 million euros. Croatia is among the five countries where searches were carried out, where seven properties were seized, reports N1
It is estimated that the budget of the European Union and the member states has been damaged by 100 million euros. Scope of the operation and seizure of assets In a large-scale police and tax operation carried out in Austria, Croatia,…
As part of the investigation, searches were conducted yesterday at numerous locations in Austria, Croatia, the Czech Republic, Germany and Poland.
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