In the Oise, an investigation for money laundering, fraud and concealed work led to the arrest of two people, this Monday, September 12. This couple would have created no less than 19 companies in 6 years allowing them to generate 19 million euros thanks to hidden work. Two other people are still wanted in connection with this case.
In detail, these two people are prosecuted for „concealed work committed in an organized gang, laundering of concealed work and tax evasion committed in an organized gang, fraud and attempted fraud, abuse of corporate assets and receiving misuse of corporate assets, bankruptcy, forgery and use of forgery and association of criminals” , declared the public prosecutor.
Companies that would have generated 19 million euros
This investigation began in early 2020 with a report from Tracfin (service in charge of the fight against tax evasion and money laundering) to the public prosecutor due to suspicious financial flows between two companies.
During their investigations, the investigators discovered that a couple from Oise had created 19 companies in 6 years. However, it was an “organized and structured system of companies intended for the generation of income from concealed work but also for the laundering of these funds” .
In total, their scheme would have generated 19 million euros, while Ursaff estimated the damage at 18 million euros. The two people arrested face a ten-year prison sentence and a fine of 750,000 euros. Two other people are still wanted in this case.