Purchase faux invoices to legalize floating petroleum

Resell faux invoices, earn billions

As reported by Tien Phong, the Folks’s Court docket of Hai Phong Metropolis has simply tried 11 defendants within the case of “Unlawful buy and sale of invoices” by defendant Ngo Van Phat (ie Phat “oil”) – Chairman of the Board of Administrators of Buying and selling Joint Inventory Firm. Phat Petroleum (Phat Petroleum Firm) is the chief.

From 2014 to the time of his arrest, Ngo Van Phat and his accomplices established 22 “ghost” firms to illegally promote 25,125 VAT invoices, with a complete quick sale of products and providers of greater than VND 17,611 billion. Thereby, large Phat “oil” earned greater than 161 billion dong illegally.

Among the many defendants, there are Three people who find themselves leaders and managers of personal enterprises, together with: Tran Thi Phuc (born in 1975, residing in Bac Ninh province); Nguyen Thi Hoang Anh (SN 1982) and Pham Viet Tiep (SN 1987), each dwelling in Hai Phong.

Based on paperwork of the investigation company, the defendant Tiep is the supervisor of Hong Quang petrol station (belonging to Viet Phuong cooperative) and Lach Tray petrol station (belonging to Viet Duc cooperative). And defendant Hoang Anh manages Cau Binh petrol station (belonging to Viet Duc Cooperative).

By way of social relationships, Tiep and Hoang Anh purchased gasoline floating in the marketplace at a less expensive value than it truly was, then transacted with Nguyen Thi Mortgage – Accountant of Phat Petroleum Firm to purchase false VAT invoices. costs from 2-3% to legalize.

The investigative company decided that from 2016 till being arrested, Tiep and Hoang Anh purchased a complete of 40 faux invoices from Mortgage, thereby benefiting almost 150 million VND.

Based on the case file, in 2015, by way of the large Phat “oil”, defendant Tran Thi Phuc – CEO of Bao An Metal Manufacturing and Buying and selling Firm Restricted (Bao An Metal Firm) and Buying and selling Co., Ltd. Common Khanh Hung (Khanh Hung Firm) contacted the defendant Mortgage and agreed to purchase a false VAT bill on the value of 1-1.5% of the products on the bill.

For a few years, Phuc purchased 79 false VAT invoices to legalize enter supplies for Bao An Metal Firm and Khanh Hung Firm. As well as, Phuc additionally purchased 81 different invoices of Mortgage for Hong Quang Firm, Viet Bac Firm and Cuong Thinh Firm, all of that are administrators of this defendant’s grandchildren.

As well as, defendant Phuc additionally claimed to have agreed and acquired a false bill of Mortgage after which offered it to numerous different companies in Bac Ninh and Bac Giang provinces… for 1.2-1.7% of the products. Thereby, Phuc enjoys the distinction in promoting value of pretend invoices and makes an unlawful revenue of about 1 billion dong.

The Folks’s Court docket of Hai Phong Metropolis imposed a high quality of VND 70 million on defendants Tiep, Hoang Anh and defendant Phuc on the crime of “unlawful buy and sale of invoices”; on the identical time, confiscate moreover to the State funds the amount of cash that the three defendants have obtained illicitly.

Who’s the intermediary promoting quick invoices?

Notably, throughout the investigation of the case, the Hai Phong Metropolis Police decided {that a} complete of 102 companies used VAT invoices of 22 “ghost” firms established by the large Phat “oil” and his accomplices.

Along with the four enterprises that purchased invoices to legalize floating items, there have been 66 different enterprises working in manufacturing and enterprise that confirmed to the investigating company that they purchased VAT invoices, along with the products. Representatives of those enterprises declared that after agreeing to purchase and promote invoices with intermediaries, they requested the vendor to situation a VAT bill, enclosed with the products. Due to this fact, they have no idea that this bill quantity is expounded to the “unlawful buy and sale of invoices” line led by the large Phat “oil”. In the course of the investigation, Hai Phong Metropolis Police couldn’t decide what these intermediaries have been doing and the place.

The investigative company additionally decided that there are 32 remaining companies which have used false invoices associated to 22 “ghost” firms of the large Phat “oil” that haven’t but come to the investigating company to work. For these companies, Hai Phong Metropolis Police is coordinating with Hai Phong Tax Division to proceed investigating, verifying and dealing with later.

Nguyen Hoan