Budapest, January 15 (MTI) – Tax and customs (NAV) investigators in south Hungary have filed charges against a suspected organised crime syndicate dealing mainly in coffee trade, the tax office said on Thursday.
The suspected crime dating back to 2012 involved two companies with large turnover operating in Csongrad County which bogusly sold coffee, chocolate, sweets and oil to a company in Slovakia. On paper, the Slovak company invoiced the stock to a Cyprus-based enterprise and the goods were shipped to Slovakia for show before being secreted to a suburb of Budapest. After a complex set of billing chains, the goods reappeared in the company’s Pest and Csongrad network, ultimately depriving Hungary’s treasury of 860 million forints (EUR 2.7m) in VAT.
It is also suspected that the head of a bank branch aided the suspects.
NAV filed charges against 28 suspects.