In an investigation into tax fraud, the federal judicial police in East Flanders has made a major discovery. During six house searches on October 17, 48 gold bars worth 740,000 euros were seized.
Central to the case is the person responsible for several (furniture) companies, who is suspected of committing tax fraud through his companies. This is a 79-year-old man. “He allegedly used false invoices through his companies to evade taxes and engaged in money laundering practices,” the police said. As a result, the Belgian state may lose millions in revenue.
The man is also suspected of domicile fraud. “It has been written off in Belgium for 40 years and is said to live in Dubai,” it said. “However, there are serious indications that he would operate his companies in Belgium and would in practice reside in Belgium. That way he could avoid taxes. An acquaintance of the person concerned would also officially live abroad, but reside in Belgium.”
In that investigation, six house searches were carried out on October 17 in Aalst, Ninove (3), Tournai and Lessen. 48 gold bars – with a total weight of approximately 12 kilograms – and a value of approximately 740,000 euros, as well as jewelry and cash, were seized. The main suspect was arrested in Aalst. He was released by the investigating judge under strict conditions.
Tags: Police confiscate gold bars worth euros tax fraud suspect arrested Domestic
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