Eleven held in Italian plastics case involving suspected €100 million VAT fraud
European prosecutors describe a shell-company network including Austria and Romania.
The European Public Prosecutor’s Office said on 7 October that eight suspects had been placed in pretrial detention and three under house arrest. Italian financial police executed the measures the previous day on orders from a Turin judge. An order also covered the seizure of up to €25 million in assets.
Investigators say the network used shell companies in industrial plastics trading, including in Italy, Austria and Romania. It allegedly invoiced €500 million in fictitious transactions during 2018–2023, causing around €100 million in VAT losses. More than fifty people are under investigation. Earlier parts of the case had already resulted in convictions.









































