Big arrest: They damaged the state with false invoices by RSD 246 million

Twenty-five people were arrested on suspicion of fraudulent invoices and tax fraud that damaged Serbia’s budget by more than 246 million dinars, while search is still ongoing for three more people.

They are suspected of committing the criminal offense of tax fraud in connection with VAT, in the total amount of more than 246 million dinars, as well as criminal offenses of money laundering, association for the purpose of committing criminal offenses and unjustified obtaining and using loans and other benefits.

„In the period from January 1, 2021 to August 15, 2022, two suspects organized a group for tax fraud with 26 other persons, including persons who were the formal owners of companies established with fraudulent intentions, as well as accountants,“ the Tax Administration said in a statement.

The tax fraud was based on false mutual invoicing between a number of business entities, whereby, for a long period of time, no company had the obligation to pay VAT, but in each tax period several business entities requested an unfounded VAT refund, the Tax Administration explained in a statement.

„Acting in this way, nine companies, which were under the direct control of two suspects who organized the group, submitted to the competent tax authority VAT reports with false content, in which they unfoundedly presented a request for VAT and tax credit refund, thereby damaging the budget of the Republic of Serbia for the amount of RSD 246,002,930.00,“ the statement concluded.

Izvor: RTS

Foto: BIZLife, Pixabay