The court sentenced a participant in a tax scheme through which companies illegally converted funds into cash

 An Odesa resident registered a fictitious company under her name. Through it, cashless funds were illegally converted into cash for other enterprises. The court ordered the woman to pay a fine. She was also prohibited from holding managerial and financially responsible positions in state, municipal, and private institutions and enterprises.

During the investigation, detectives established that the woman, for 8 thousand hryvnias, registered a company under her name specializing in the wholesale trade of metal products. After that, she did not perform any functions at the enterprise. All documents were compiled and signed by other individuals, materials regarding whom are being investigated in a separate criminal proceeding.

It was established that the company's details were used to minimize the tax burden. Enterprises transferred funds to the account of a fictitious firm for goods or services allegedly purchased. Then the money was converted into cash and returned to the customers. Thus, enterprises concealed real operations and evaded taxes.

The court found the woman guilty of a criminal offense under Part 2 of Article 205-1 of the Criminal Code of Ukraine (forgery of documents submitted for state registration of legal entities and individual entrepreneurs).

The suspect was fined UAH 136,000 with the deprivation of the right to hold positions related to the performance of organizational, administrative, and economic functions in enterprises, institutions, and organizations of all forms of ownership for a period of 3 years.