Spain busts international crime ring for alleged luxury car import tax scam

euronews (in English)

An international crime network defrauding over €17 million in VAT on luxury cars has been dismantled, resulting in 30 arrests across Spain and Germany.

Transcript

00:00Spanish authorities have dismantled an international crime network for an alleged luxury vehicle

00:08import scheme, causing damage to the Spanish Treasury by defrauding it of more than €17

00:14million in taxes. The case, led by the European Public Prosecutor's Office, left more than

00:2030 people arrested across Spain and Germany. The ringleader, who had 18 warrants for offences

00:27including drug trafficking and tax fraud, operated under a false identity to evade

00:33justice and is now awaiting extradition to Spain. During the investigation, 17 searches

00:39were carried out across Germany and Spain, leading to the siege of over €300,000 in

00:45cash as well as jewellery and high-end vehicles. The fraudulent scheme imported luxury vehicles

00:51into Spain without paying the required VAT, allowing them to be sold at below market price.

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