Hydrocarbons

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Spanish tax agents raid office, arresting executives and seizing gold, cash, and luxury cars in major VAT fraud bust.
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Tax agency dismantles major vat fraud scheme in hydrocarbons

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The Spanish Tax Agency has dismantled a criminal network that defrauded over 300 million euros in VAT from the hydrocarbons sector using 38 shell companies. Operation 'Pamplinas Stars' involved 18 searches and five arrests for crimes against public finances, organized crime, and money laundering. Authorities seized high-value assets, including properties, vehicles, and precious metals.

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