(Reuters) -European Prosecutors have uncovered a criminal Scheme Involving False Documentation of Chinese Imports to Europe Through The Greek Port of Piraeus That Defrauded Authorices of About 700 Million euros ($ 820 Million) In Lost Customs Duties and Vat Revenue.
The Investigation Carried Out by the European Public Prosecutor’s Office (EPPO) Spans 14 Eu Countries and Involved Raids in Greece, Spain, France and Bulgaria, The Eppo Said in A Statement on Thursday.
TEN SUSTICTS WERE ARRESTED, INCLUDING TWO CUSTOMS OFFICERS DURING MORING MORE THAN 100 SEARCHES DRIVED AT THE OFFICES OF CUSTOMS BROKERS AND ORHER locations on Wednesday.
Law Encarcement Agents Seized Thousands of E-Bikes and E-Scooters, the 480 Containers for Further Checks and Verification in the Port of Piraeus, with freezing orders issued to Seize Real Estate, Boats and Bank Accounts.
Add 5.8 Million euros in different currencies wereized, including 4.75 Million euros in Greece, as well as seven firears and other weapons Seized in the Houses of Three of the Suscts. Eleven Properties in Spain Were Also Seized, the Wells the 27 Vehicles and Luxury Items, The Eppo Said.
The Eppo Said the Scheme Involved Several Criminal Networks Mainly Controlled by Chinese Nationals Who Handled Chinese Imports Into the Eu, Their Distribution and Sales, as Well as Money Laundering and Sending the Profits Back to China, The Eppo Said.
After the goods from China Arrive in the Eu, Mainly Through the Port of Piraeus, They Are Undervalued or Misclassified to Evade Custom Duties, Cleared by Customs Brokers and Sold to Companies In other Eu States Through The Scheme Designed to Avoid The Vat Payment, The Eppo Said.
It added that the Criminal Organizations Under Investigation Produce the False Invoices and Transport Documents to Conceal the Real Destination of the Goods, and Recruit A Network of Sham Companies That Sell The Products at Very Competitive Prints, Since Vat Remains Unpaid and Customs Duties and Anti-Dumping Fees Are Largely Are Largely EVADED.
($ 1 = 0.8541 euros)
(Reporting by Yannis Souliotiswriting by Daria Sito-Sucicediting by Frances Kerry)
