Detectives of the Territorial Department ESBU in Poltava region exposed the organizers of a criminal scheme to evade VAT and income tax. The amount of losses is about UAH 5 million.

The investigation established an enterprise that purchased bentonite and palyhorskite clays. Next the raw materials were granulated and packaged for sale. According to the preliminary conspiracy of a group of persons the finished products were sold for cash. Money was also received on the personal accounts of company officials. Thus, individuals concealed the actual volumes of production and sale of products. Tax evasion caused significant losses to the state budget.

Detectives of the ESBU conducted an inventory and 6 searches of the offices of the involved business entities. They seized more than UAH 1.5 million in unaccounted cash, computer equipment, financial and business records and copies of technical documentation of the industrial enterprise. The seized property was seized by the court.

Investigative actions are ongoing the full range of persons involved in illegal activities is being established.

The pre-trial investigation in criminal proceedings is carried out by detectives of Territorial Department of the ESBU in Poltava region under the procedural guidance of the Poltava regional prosecutor's office.

For reference: Violation of Part 2 of Art. 212 of the Criminal Code of Ukraine is punishable by a fine of three to five thousand tax-free minimum incomes of citizens with deprivation of the right to hold certain positions or engage in certain activities for a period of up to three years.

It will be recalled that the ESBU informed the head of the state-owned enterprise that he was suspected of aiding and abetting the seizure of budget funds worth UAH 3 million. More details https://esbu.gov.ua/en/news/esbu-informed-the-head-of-a-state-owned-enterprise-that-he-was-suspected-of-aiding-and-abetting-the-seizure-of-budget-funds-worth-uah-3-million