Greek tax authority uncovers €17.9 million fraud network

The Independent Authority for Public Revenue (AADE) in Greece revealed a large-scale tax‑evasion scheme valued at €17.9 million. The network used virtual invoices, rapidly created and dissolved companies, and shared offices, phone numbers and addresses to hide transactions in the wholesale clothing and footwear trade. Three individuals were detained, including a foreign woman who officially declared herself homeless while actually living in a 280 m² villa with a pool in the northern suburbs.

Authorities identified €9.6 million in unpaid VAT and €8.3 million in income‑tax losses, seized over 32,000 counterfeit goods, and began freezing bank accounts and assets of those involved. The investigation drew on data from AADE’s digital platform myDATA, the business register and corporate participation records, highlighting extensive links among natural and legal persons in the scheme.