Searches at several Romanian companies in software sale tax evasion case
The police conducted on Monday morning, September 8, searches at several companies in Romania in a case of tax evasion in the sale of software.
The searches took place at 7 places in Bucharest and Ilfov and Giurgiu counties, targeting the suspects’ homes and several companies. According to sources quoted by local Mediafax, Romanian software company Siveco is among the searched companies.
Ten people will be brought in for hearing, based on the evidence and the results of the searches, according to a statement of the Romanian Police.
“In order to avoid tax payments to the state budget, representatives of a software company allegedly created a criminal network consisting of over 50 companies, through which several fictitious transactions were carried out between 2009 and 2013, with a value of some EUR 10 million,” reads the statement.
According to the police, fictitious services of software services were allegedly registered in the accountancy books of the software manufacturer. However, in reality the services were never provided, bringing a damage of over EUR 3 million to the state budget.
