Desenzano: tax fraud in the luxury car rental sector, seizures and arrests made. The Guardia di Finanza has launched an investigation that resulted in the seizure of assets worth over 2.8 million euros, with illicit proceeds used to purchase prestigious properties in the city. The operation uncovered a complex system of cross-invoicing and money laundering involving 11 individuals across various Italian provinces and Ibiza. The companies under investigation rented out vehicles without applying VAT, leading to an estimated tax evasion of 2.3 million euros for the years 2021-2022.
The investigations also revealed a network dedicated to the fencing of luxury watches. The charges include tax fraud, money laundering, self-money laundering, and fencing. Over 30 searches were carried out in various Italian regions as part of the operation conducted by the Guardia di Finanza of Trento.
