On September 9, Greek police announced the arrest of 21 people as part of an investigation into the activities of an international criminal group engaged in money laundering and tax fraud in Greece, Slovakia and Cyprus. Another 41 suspects have been charged.

The organized criminal group, which has been operating since 2019, opened at least 430 front companies that posed as “missing traders”, that is, they demanded reimbursement of value added tax (VAT) from the state for fictitious trade transactions. Unemployed and low-income people were appointed directors of companies.

During 39 searches, the Greek police seized 46 mobile phones, a pistol, a luxury car, 10 expensive watches, seven laptops and tablets, 62 seals of legal entities, invoices, invoices, fake ID, bank cards, checkbooks and 139,696 euros in cash.

Strokes

According to preliminary estimates, the amount of damage from the activities of the criminal group exceeds 26 million euros.
The head of the press service of the Police of the Republic of Cyprus, Christos Andreou, said that he could not comment on the case yet.

A source:  evropakipr.com

https://russiancyprus.news/news/society/evropakipr.com_policiya-grecii-likvidirovala-prestupnuyu-gruppirovku-so-shchupalcami-na-kipre/