Eight charged for defrauding state budget of $328,402 using tax forgery
The crime is punishable by imprisonment from six to nine years. Photo: Investigation Service of Georgia’s Finance Ministry
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Eight individuals have been charged for fraudulently acquiring ₾876,723 ($328,402) from the state budget using forged tax documents, the Investigation Service of Georgia’s Finance Ministry said on Wednesday.
The Service said its investigation had found the offenders had produced fake VAT invoices worth ₾8.717 million ($3.265 mln) on behalf of companies under their management for sale of tobacco products and various goods.
They then used the assets to create ₾1.326 million ($496,917) in VAT assets, ₾876,723 ($328,402) of which was taken from the state budget, with the remaining amount used to cover tax liabilities.
The crime is punishable by imprisonment from six to nine years.
The Investigation Service of Georgia’s Finance Ministry has charged two individuals for manufacturing and using forged tax and official documents, the state body announced on Tuesday.
The Investigation Service of Georgia’s Finance Ministry on Tuesday said it had discussed management of seized assets with representatives of the Secretariat of Balkan Asset Management Interagency Network.
Seven individuals have been detained in western Georgia's Samegrelo region for tax avoidance using forged documents and causing a loss of ₾214,730 ($81,498) to the state budget, the Investigation Service of Georgia’s Finance Ministry said on Friday.
The Investigation Service of Georgia’s Finance Ministry on Tuesday said it had charged one individual for a fraudulent appropriation of property by manufacturing and using forged documents.
The Investigation Service of Georgia’s Finance Ministry has charged five individuals for causing a “large amount” of property damage via manufacture and use of forged tax documents, the state body announced on Friday.
The Prosecutor’s Office of Georgia has charged an individual for embezzlement of ₾61,200 ($22,666) from citizens of the country using fraudulent tour services via a travel agency, the state body said on Wednesday.
The Prosecutor General’s Office of Georgia has charged an individual in absentia for embezzlement of ₾464,687 ($172,106) from citizens of the country using fake social media advertisements, the state body said on Thursday.
The Investigation Service of Georgia’s Finance Ministry has charged four individuals for manufacture and use of forged tax documents, the state body announced on Wednesday.
The Investigation Service of Georgia’s Ministry of Finance on Tuesday said it had arrested one individual for evasion of “particularly large amount” of tax using forged documents and causing a loss of ₾3.2 million ($1.2 mln) to the budget in the process.