Police officers are conducting on Thursday searches in 12 counties and in Bucharest at suspects in a more than 6,000,000 euro tax evasion and money laundering case.
“A number of 162 police officers acting under the coordination of the Romanian Police General Inspectorate’s (IGPR) Department for Economic Crime Investigation are conducting 52 searches in 12 counties and Bucharest, with 46 warrants to be enforced,” informs an IGPR release to Agerpres on Thursday.
Mehedinti County police officers conduct 52 searches in the counties of Mehedinti, Timis, Alba, Arad, Ilfov, Dambovita, Dolj, Caras-Severin, Gorj, Olt, Hunedoara, Salaj and Bucharest.
“Investigations revealed that between 2008 – 2014, a number of 45 persons acting as legal representatives (partners, managers or proxies) of 46 trading companies have shunned tax liabilities of the trading companies they were controlling either directly or through agents,” reads the release.
They are said to have registered in the companies’ accounting books invoices issued for fictitious commercial operations (representing spending with the procurement of recyclable material, auto parts and accessories, and transport and handling services) worth a total of over 15 million euro, for which the VAT was illegally deducted and the profit tax was artificially diminished.
Subsequently, through the companies under their control, the suspects are supposed to have performed various financial operations and transactions to launder the money.
They made successive cash deposits followed immediately by withdrawals, or ran the money through the companies’ bank accounts to dissimulate their source.
The authorities take action in a criminal case built by the Economic Crime Investigation Service of the Mehedinti Police Inspectorate, under the supervision of the Prosecution office of the Mehedinti Tribunal.
The Romanian Intelligence Service provided the necessary technical and intelligence support to the action.