Eleven individuals, including ten Greeks and one foreign national, face felony charges for their involvement in a tax evasion scheme using 'front men' to create companies, accumulate debts, and subsequently dissolve them to start new ones.
In a significant crackdown on tax evasion, eleven individuals have been arrested in Greece, facing serious felony charges including the formation of a criminal organization and financial offenses. The group allegedly utilized 'front men' to establish businesses that were subsequently burdened with debts before being dissolved, allowing them to create new companies. Among the entities involved were notable businesses, including a well-known fast-food chain.
The Attorney General has taken decisive action against the suspects, who are accused of various crimes totaling over 120,000 euros against the Greek state. Charges include forgery affecting the state, repeated fraud against the state, and money laundering committed systematically and professionally. Investigators from the Independent Authority for Public Revenue (AADE) played a key role in the arrests, which followed a coordinated effort to combat such illegal activities.
This case underscores the ongoing issues of tax fraud in Greece, where regulatory bodies have been increasingly vigilant in pursuing those who attempt to exploit legal loopholes. The involvement of numerous individuals across multiple businesses highlights the complexity of the network that had been established, raising concerns about the broader implications for economic governance and public trust in tax compliance.
