Italy Seizes $19.8 Million in Alleged Seafood VAT Fraud Case

Italy's Guardia di Finanza in Naples has seized assets worth €17.6 million ($19.8 million) in a case alleging tax fraud in wholesale fish trading. A Naples judge ordered the preventive seizure, which is intended to support confiscation, against 14 individuals and companies, according to ANSA.
Investigators allege the group sold salmon, tuna, sea bass and sea bream at prices below those of compliant operators by not paying VAT, according to NapoliToday. The fish was allegedly bought mainly from traders in Sweden, Spain and Greece...
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