In an investigation led by the European Prosecutor’s Office (EPPO) into VAT fraud in luxury cars sales, the Valencia Criminal Police Unit of the Guardia Civil carried out eight searches on Tuesday in Valencia, during which 14 vehicles were seized, including a Rolls Royce, some Mercedes and Audis.
A possible VAT fraud with estimated losses to the EU and national budgets of more than €12 million is being investigated, with the cooperation of the Spanish State Agency for Tax Administration.
The suspects allegedly set up a criminal organization for the purchase and sales of second-hand luxury vehicles, between companies located in different Member States, in order to evade the payment of VAT.
According to the investigation, launched at the end of 2021, three offences related to VAT fraud would have been committed between 2019 to 2021.
