Law360 (July 7, 2021, 11:45 a.m. EDT) – Italian authorities have disbanded a € 120 million ($ 142 million) fraud and tax evasion program posted on a number of fake websites and mailbox companies, the agency’s European Union for Criminal Justice Cooperation said on Wednesday.
The Eurojust agency helped freeze bank accounts and other assets in Belgium, Bulgaria and Sweden, the agency said in a statement, adding that the Italian judiciary had identified 15 suspects.
The plan’s prime suspect avoided paying 44 million euros ($ 52 million) in sales tax from 2014 to 2019 and was also involved in laundering nearly 4 million euros in profits, Eurojust said.
Because the scheme …
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