Cagliari clothing company seized for suspected tax fraud

The Guardia di Finanza in Cagliari has executed a preventive seizure of 160,000 euros following an investigation into a tax fraud scheme within the clothing trade sector. The investigation, covering the period from 2020 to 2023, targeted a company based in Cagliari that allegedly used three “shell companies” located in Oristano, Milan, and Prato to evade taxes.

These shell companies, reportedly linked to individuals of Asian origin, were found to be inactive and lacked real economic or operational structures. Investigators determined that the entrepreneur used approximately 450,000 euros in fraudulent invoices to artificially reduce taxable income.

Financial analysis revealed that most transactions were settled in cash below legal thresholds, with only a minimal portion of payments being traceable via bank transfers. The seizure, ordered by a judge at the request of the Cagliari Public Prosecutor, includes bank accounts and real estate assets belonging to the company owner.