A construction bonus scam has been uncovered by the financial police of the Provincial Command of Vicenza, involving two entrepreneurs from Verona. Following thorough investigations, the Preliminary Investigative Judge of the Court of Verona ordered a preventive seizure of assets, money, and tax credits amounting to a total of 4.65 million euros. The entrepreneurs are accused of the unlawful receipt of public funds and aggravated fraud, having implemented an illegal scheme between 2021 and 2022.
The investigations revealed that the two entrepreneurs were using the “invoice discount” mechanism to generate and transfer false tax credits totaling 4,659,192 euros, declaring construction works that were either never completed or only partially finished on properties in the provinces of Vicenza, Verona, and Padua. Additionally, approximately half a million euros obtained from the monetization of the false credits was reinvested in their businesses, leading to further charges of tax credit fraud and self-laundering.
