Covid refreshments, a millionaire scam in Cagliari: two spouses in trouble. Houses, boats and luxury cars seized

A "scam" at the Revenue Agency worth over 6 million euros.

It is the one discovered by the Guardia di Finanza of Cagliari, which reported two spouses who, in competition with each other, would have generated and then sold non-existent tax credits, linked to the relief granted for the Covid-19 emergency.

The crimes contested are those of undue receipt of public funds, use of money, goods or benefits of illicit origin and self-laundering.

THE “SCAM” – According to what was ascertained from the investigations conducted by the 2nd Metropolitan Operations Unit of Cagliari, the two, taking advantage of the measures introduced to deal with the economic consequences linked to the pandemic, «would have used the same rental contracts actually put in place several times indicating imaginary amounts, thus managing to defraud the Revenue Agency as the body providing the financial resources".

THE SEIZURES – For this reason, the investigators explain, in recent days the Fiamme Gialle of Cagliari executed the preventive search and seizure decree aimed at the equivalent confiscation of the assets available to the suspects.

These are 4 properties located in Cagliari and its province, three boats, 8 Rolex watches, 8 Montblanc pens, 4 "Apple" electronic devices, approximately 14 thousand euros in company shares, five vehicles (including 2 luxury cars) and two motorbikes, and financial availability of almost 120 thousand euros.

THE SYSTEM – The financial benefits on which the illicit system was based, underlines the Financial Police, concerned the tax credit recognized for workshops and shops as well as the rental fees for properties for non-residential use and business rental.

«The legislation in fact recognizes to entities carrying out business activities both a tax credit equal to 60% of the amount of the rental fee for the properties, relating to the month of March 2020, and an additional tax credit commensurate with the amount of the rental, leasing or concession fees for properties for non-residential use, or the fees due in relation to complex service or business rental contracts which include at least one property for non-residential use with reference to each of the months of March, April, May and June 2020. Tax credits which can, instead of being used directly, be transferred to other entities, including credit institutions and other financial intermediaries".

(Unioneonline/lf)