2 ms·
It seems to have been pretty basic VAT fraud. Nothing smart or havky about that. Happens dozens of times every day at various scales. And each and every time it
by hef19898 3y ago
It seems to have been pretty basic VAT fraud. Nothing smart or havky about that. Happens dozens of times every day at various scales. And each and every time it is just plain old tax fraud.
- newprint 3y agoit is very simple fraud, but someone still has to come-up with how to make it work. carbon credits(figure out how to buy them) -> VAT fraud(figure out how/where/to whom to sell them) -> Profit(Hide profit/launder/invest). It is not much different from the cigarette fraud in the US. Buy cheaper in Maryland -> sell for more in New York,where taxes on cigarette are higher. Distance between NYC & Maryland is about 3-4h.