On 26 and 27 February, the Fiscal Action Unit of the Portuguese National Republican Guard (Guarda Nacional Republicana) under the direction of the Central Public Prosecutor’s Office carried out operation Netto Price which aimed to dismantle a transnational network obtaining illegitimate patrimonial advantages, through a fraudulent scheme based on fictitious invoice circuits. The suspects attempted to evade VAT and carry out fraud and illegal EU fundraising. Due to the international dimension of the criminal activities, this operation was supported by Europol and Eurojust.
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Read the complete article: Network defrauding at least €5 million dismantled in Portugal