Salerno – Eight personal precautionary measures have been confirmed against eight suspects accused of being part of a criminal conspiracy specializing in tax credit fraud. The operation was carried out in recent days by the Salerno Financial Police, following a complex investigation into alleged subsidized loans for investments in Southern Italy.
The measure had already been ordered by the Court of Salerno – Review Section – and became enforceable following the ruling of the Court of Cassation, which rejected the appeals filed by the defendants. Three of them are also charged with the aggravating circumstance of having committed the crimes while practicing tax consultancy.
According to the prosecution's hypothesis, upheld by the preliminary investigation judges and the Supreme Court of Cassation, the group's leadership consisted of three individuals—including a lawyer and a fugitive—identified as promoters of an organized and stable structure. This structure allegedly made available to an undetermined number of companies the entire package of documents needed to deceive eligible investments in Southern Italy.
The scheme, reconstructed by investigators, revolved around the purchase of blockchain-based software. These tools would simulate investments in innovative goods, making it appear as if the companies had incurred costs they had never incurred. These fictitious transactions were then used to generate non-existent tax credits, which were subsequently used to offset tax debts and reduce or eliminate them.
The Guardia di Finanza (Italian Finance Police) was able to outline the accusation through wiretaps and environmental investigations, analysis of banking and accounting records, and examination of the contents of electronic devices, which were subjected to forensic copying. These investigations allowed them to reconstruct the roles of the individual suspects within the association and their respective contributions to the alleged fraud.
The investigations also revealed the involvement of numerous companies operating throughout the country. Using the software and format developed by the organization, these companies allegedly accounted for significant investments in blockchain technology, benefiting from tax credits, even though—according to the prosecution—these investments were not real.
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Comments (1)
The article discusses tax fraud, and the Guardia di Finanza (Italian Financial Police) has done a great job uncovering these activities. But I wonder how so many people are involved and no one noticed before.