Prosecutors and police officers are conducting today 75 domiciliary visits in Bucharest City and the counties of Ilfov, Timis, Calarasi, Buzau, Teleorman, Bacau, Prahova and Ialomita and enforcing 58 summons in a 3-million-euro fraud from tax evasion and money laundering.
The Bucharest Police and the Prosecution Office with the Bucharest Tribunal report that fictitious operations were recorded using bogus companies for illicit refunding of the Value-Added Tax (VAT), with the total amount laundered via the tax evasion ring being estimated at 10 million euros.
“May 2012 — August 2014, representatives of a company allegedly specialising in security services booked and declared to tax inspectors expenses of RON 43,573,537 that were not backed by actual purchases coming from various companies that behaved like bogus companies, incurring a damage of nearly 3 million euros. After the amounts recorded in the fictitious receipts were paid into the bank accounts of bogus companies based on receipts for 10,000,000 euros, the cash was withdrawn and paid back to the payment applicants in an attempt to conceal the illicit provenance of the money,” reads a press release issued by the Prosecution Office of the Bucharest Tribunal. More…