"Mammoth" Tax Fraud - 46 Individuals and 152 Companies Targeted
44 Articles
44 Articles
46 individuals under the microscope of the Money Laundering Authority – Approximately 16 million euros had already been collected from illegal tax refunds, while accounts and assets were frozen The post “Mammoth” tax fraud – 46 individuals and 152 companies in the spotlight appeared first on in.gr.
The network allegedly operated with virtual transactions, "ghost" companies and "shell men" - The Money Laundering Authority has put accountants and tax experts in the frame
A well-planned fraud against the State that would open a hole in public coffers of 40 million euros was revealed by the investigation of the Independent Authority for the Fight against Black Money. Sly individuals had set up a circuit providing accounting services in the basin with the aim of reaping refunds of income taxes, VAT and 20% withholding tax. According to the investigation carried out following an order from the head of the Independen…
They managed to collect 16 million euros, while the authorities blocked the remaining 24 million.
The individuals involved allegedly acted with characteristics of a criminal organization - According to the Authority, "ghost" companies were used
How they set up the "factory" of illegal tax refunds - The 16 million euros they managed to collect and the Authority's life-saving blockade of the remaining 24 million. The article Mammoth Fraud of 40 million euros: The network of 152 ghost companies and the 46 people involved appeared first on Documento.
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