Chronicle
Castellammare – Fake tax credit sold to several companies in Italy, million-dollar scam discovered
The scam discovered by the Guardia di Finanza following a tax audit carried out on a Castellammare di Stabia limited liability company.
The Torre Annunziata Financial Police Group has executed a preventive seizure order, for the amount of €548,157.06, issued by the Preliminary Investigations Judge of the Court of Torre Annunziata, upon request of the Public Prosecutor’s Office, against four companies with registered offices in the provinces of Rome (two), Florence and Cosenza, as well as their legal representatives pro tempore, investigated, in conjunction with each other, for the crime of undue compensation.
In particular, following a tax audit of an LLC attributable to a front man based in Castellammare di Stabia – engaged in the “production of rusks, biscuits, preserved pastries” as well as subsequent investigations, it emerged that the companies subject to the real precautionary measure, operating in the construction, logistics or wholesale clothing sectors, had not paid the sums due for the 2020 and 2021 tax years, by using as a set-off a non-existent VAT credit claimed by the aforementioned audited company.
The investigations
carried out by the Guardia di Finanza have revealed a complex fraudulent system underlying the evasion mechanism, consisting in the submission of a VAT declaration for the year 2020 reporting purchases never made by the Stabia-based company, for over 48 million euros, which gave rise to a tax credit of over 10 million euros. This credit was subsequently transferred – through the system of assumption of tax debt – to numerous companies located throughout the national territory, beneficiaries of the tax fraud.
In light of the findings, the actual ablative measure was issued, also for equivalent, for the entire amount of evaded taxes, corresponding to the profit of the tax crime.
The execution of the seizure order allowed the judicial encumbrance of assets attributable to the companies and the suspects up to the amount ordered equal to €548,157.06 and concerned financial assets for €232,358.76, real estate for €171,848.30, company shares for €116,150 and vehicles for €27,800.
Tuesday 2 July 2024 – 09:19 | © REPRODUCTION RESERVED
