Hungarian, Czech, Slovak authorities crack down on VAT fraudsters
Hungarian tax authority NAV has cleared up a gang of fraudsters that evaded VAT totalling nearly one billion forints (EUR 3m) through violating European VAT laws, a spokesperson for the local NAV chapter in Pécs, in southern Hungary, told MTI on Tuesday.
The operation was assisted by the Slovak and Czech police, as well as EUROPOL and EUROJUST.
The gang, four women, operated a network of companies trading in food products, mostly sugar and cooking oil. The companies failed to pay VAT on purchased stock and resold the products below market prices.
NAV has seized expensive cars, several million forints in cash, and froze the companies’ bank accounts. One of six suspects has been arrested.
