Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria embroiled in world VAT fraud scheme uncovered by the European Public Prosecutor's Office

Photo: European Parliament

The European Public Prosecutor's Office (EPPO) has uncovered a massiveVAT fraud scheme involving all 22 countries members of the EPPO, including Bulgaria, but also non-EU countries such as Albania, China, Serbia, Singapore, Switzerland, Turkey, UK and USA.  The operation, dubbed “Admiral”, was launched against the biggest cross-border VAT fraud scheme ever investigated in the EU worth over EUR 2.2 billion.

The investigation started in April 2021 in Portugal, when the tax authorities in Coimbra probed a company selling mobile phones, tablets and other electronic devices, on suspicion of VAT fraud, and asked for the EPPO’s help. The probe established connections with over 9,000 other legal entities, and more than 600 natural persons.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian scientists warn of rapid warming of the Black Sea

The Black Sea is one of the fastest warming seas in the world . By the end of the century, wind speeds in the region are expected to increase, rainfall is expected to increase and air pressure is expected to rise. The regions of Varna, Dobrich and..

published on 7/25/24 6:10 PM

Bulgaria will cooperate with Australia, Romania, Croatia and Serbia in the field of cultural heritage

Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..

published on 7/25/24 5:46 PM

Sofia Airport unveils new combined relaxation and work area in Terminal 2

Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on its Facebook page, the new space offers international travellers from the Schengen area access to..

published on 7/25/24 4:37 PM