A major tax fraud scheme in the luxury car sector has been uncovered by the Guardia di Finanza, resulting in a total seizure of 2.8 million euros across Italy and Spain. The operation was based in Desenzano del Garda, where a group of four suspects managed fictitious companies based in Spain and Austria, but primarily operating in Italy. Searches and document seizures involved eleven individuals in the provinces of Trento, Bolzano, Varese, Brescia, and Ibiza. The fraud focused on vehicle rentals without including VAT in the invoicing, leading to an estimated tax evasion of 2.3 million euros for the years 2021 and 2022.
The investigations also revealed incidents of receiving stolen goods related to luxury watches involving two Albanians and an Italian active in the province of Bolzano. The charges include tax fraud, receiving stolen goods, money laundering, and self-laundering of illicit proceeds. Seizures were carried out in various Italian provinces, including Trento, Turin, Milan, and Naples, with over 30 searches conducted at the premises of the suspects’ clients.
