Sorrento, asset seized from credit entrepreneur: he was a total tax evader

The Torre Annunziata Financial Police Group has executed a preventive seizure order – issued by the Preliminary Investigations Judge of the Torre Annunziata Court, at the request of the Public Prosecutor’s Office – against an entrepreneur of Sorrento, investigated for the crime of failure to declare.

The precautionary measure was issued following investigations arising from a tax audit conducted by the Guardia di Finanza Company of Massa Lubrense against the owner of the sole proprietorship Euro Credit, carrying out the activity of "financial services", with place of business in Sorrento, in the absence of the required registration in the Register and in violation of the accounting and tax obligations provided by law, therefore resulting in total tax evader.

In particular, the investigation activity, developed with the help of the databases used by the Guardia di Finanza, but, above all, through the analysis of the subject's financial movements, allowed to reconstruct the turnover achieved by the same and evaded taxation.

The investigation revealed that, for the tax years 2018 and 2019, the suspect had failed to declare €602.522 as positive components, resulting in income tax evasion (IRPe.F), equal to €242.123,21, exceeding the criminal threshold. For this reason, the individual was reported for the crime of "failure to declare".

The preliminary investigations judge of the Oplonti Court, sharing the reconstruction made by this Public Prosecutor's Office on the basis of the activities carried out by the Guardia di Finanza, ordered the seizure, aimed at confiscation also for equivalent, of the proceeds of the crime of failure to declare, quantified at Euro 242.123,21, having as its object the financial availability as well as two buildings located in Massa Lubrense, owned by the investigated subject.

During the execution of the preventive seizure, the Guardia di Finanza seized the sum of 80.532,00 euros in cash from the current accounts attributable to the suspect as well as the two buildings located in Massa Lubrense, owned by the same, up to the amount of 161.591,21 euros.