From the early morning of Wednesday (May 19th) the men of Financial Police and the State Police are executing, at the disposal of the Reggio Emilia Prosecutor’s Office, a search decree and two preventive seizure decrees relating to the illicit proceeds of a alleged millionaire tax fraud, issued by the investigating judge of the Emilian Court. Ansa reports it.
The investigative activity – renamed ‘Titano’ – made it possible to identify a series of paper mill companies established for the purpose of issuing invoices for non-existent operations towards third companies in order to allow them to evade income taxes and VAT, for the benefit of the so-called criminal gang.
At the end of the investigation activities, it emerged that 44 companies had used, in their respective annual declarations for VAT and direct taxes, invoices for non-existent operations received from paper mill companies for approximately 62 million euros over a period of time ranging from 2018 to 2022.
The paper mill companies would be mainly attributable to a person resident in the province of Reggio Emilia already involved in the ‘Billions’ operation together with other people involved in the same investigation and affected, at the time, by precautionary measures. In light of the investigative findings it was issued a preventive seizure order against 8 companies present in the national territory and 9 of the legal representatives or directors of the same companies who allegedly obtained an illicit profit of 6 million euros.
The provinces involved would be Bergamo (specifically a construction company from Cenate Sotto), Brescia, Milan, Mantua, Turin, Verona, Modena, Parma, Reggio Emilia, Naples and Rome.
In addition to the execution of the seizure decree, 80 searches were carried out – also with the ‘Cash Dogs of the Financial Police – and the Warrant Information was notified to 50 natural persons reported at large for tax crimes.
