it 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

it 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.