The Fiscal Information and Investigation Service (FIOD) of the Netherlands has raided two homes in Delft and Stolwijk and business premises in Delft, The Hague and Zeist as part of an ongoing investigation into two men believed to be involved in income tax fraud and forgery. The authorities have seized the records and assets of the two suspects.
The FIOD began its criminal investigation after receiving information from the tax authorities. The suspects allegedly used foreign constructions to conceal them from the Dutch tax authorities.
They diverted over €600,000 ($643,929) in income, accumulated through false invoices, from their companies through these financial constructions. Thereafter, the suspects used the funds for personal expenses. Source: Fiscal Information and Investigation Service (FIOD), Netherlands