It is called operation “Titano” and it is an investigative activity that led to the unmasking of a huge tax fraud that started from Reggio Emilia but reached Modena and beyond. 80 searches were launched by the Financial Police, 44 companies allegedly benefited from phantom invoices to defraud the tax authorities for a sum amounting to 62 million euros. These are the main numbers of the “Titano” operation which has a total of 50 people reported at liberty for tax crimes. At the center of the investigation were primarily eight “paper mills”, together with their nine administrators or legal representatives, scattered throughout Italy, such as Modena, Parma, but also Milan, Naples, Rome. All of them, according to what was reconstructed by the Fiamme Gialle, were attributable to a man resident in the province of Reggio Emilia already involved in the “Billions” operation, precisely in a whirlwind of false invoicing. Through these companies the subject and the other suspects managed to obtain undue tax advantages and VAT compensations for approximately 62 million between 2018 and 2022. In detail, the “paper mills” appeared to be wholesale trading activities of petroleum products, machinery for construction, packaging, computers and software, manufacturing of metal items and retail trade of products via the internet, while users operate in the field of wholesale trade of packaging, construction and clothing.
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