EPPO leads Investigation Emily against a cross‑border criminal network behind €103M in luxury car VAT fraud, resulting in nine arrests, 150+ EU‑wide searches, and €13.5M in assets seized

Under Investigation “Emily”, authorities detained nine suspects in Germany and Czechia and conducted more than 150 searches across nine countries, seizing luxury vehicles, cash, art and other assets worth over €13.5 million. Prosecutors allege the group operated a VAT carousel fraud, using chains of shell companies and “missing traders” to simulate cross-border vehicle sales and fraudulently reclaim VAT refunds while avoiding tax payments…