A 36-year-old man has been taken into custody, charged with gross VAT fraud amounting to more than DKK 17 million.
The 36-year-old was arrested on Tuesday after a targeted investigation. The Copenhagen Police informs us.
“He is accused of issuing invoices in several companies where VAT is charged on the invoices that have not been declared to the Danish Tax Agency,” says Police Inspector Anne Katrine Kristensen.
The man was arrested on Amager, where the Copenhagen Police also raided several addresses, including securing a large amount of money. The 36-year-old was produced later on Tuesday at the Judge Watch in Copenhagen City Court, where he was remanded in custody for four weeks.
The case has already led to several charges for laundering more than DKK 600 million, the police have seized assets and cash worth several million, and three convictions have been handed down so far.
One sentence has been given to the network’s alleged mastermind – a 45-year-old man who has been sentenced to five years in prison for organizing money laundering of DKK 128 million. In addition, two men, aged 22 and 28, have both been sentenced to three years in prison for complicity in laundering DKK 78 million.