The thread of a complex circuit allegedly turned to convert to Virtual Transactions in ‘Treasury’ Decision Industry, unfolded the Department of Financial Crimes Prosecution (AIO). The business, which already has lead to 17 arrests and seizures of hundreds of thousands of euros, It reveals links that touch the football field and the television industry.
According to preliminary information, the parties used trade-“showcase” to claim illegal VAT refunds, while at the same time proceeding with the income tax withholding. The “brain” of the organization is allegedly president of a football team, who had the coordination of the circuit.
From investigations, authorities have already identified and seized at least 500,000 euros in cash, an amount estimated to be just a small part of the total circuit profits.
The ‘window’ in the television space
Of particular interest is the fact that traces leading to the television area appear in the case. The circuit had reportedly issued two virtual tariffs totaling 1.5 million euros to a company owned by a well -known television producer.
Although there has been no arrest of this person so far, police are investigating his transactions in depth to determine if he has collected tax refunds. If this is confirmed, then he may be confronted with heavy categories.