Over 520 mln euros seized in VAT fraud clampdown in Italy, Europe


  • World
  • Friday, 15 Nov 2024

ROME, Nov. 14 (Xinhua) -- Assets worth 520 million euros (550 million U.S. dollars) have been seized during a cross-border operation launched by Italian magistrates in coordination with the European Public Prosecutor's Office (EPPO).

The operation targeted hundreds of companies for allegedly evading VAT, authorities said on Thursday.

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