'Financial advisor' operation in Istanbul: 21 arrests

As part of an investigation conducted by the Istanbul Chief Public Prosecutor's Office, it was determined that suspects, including financial advisors, had established companies and through these entities, engaged in commercial relations that did not exist in realitybased on a relationship, it was determined that they issued fake invoices worth 6 billion 971 million 991 thousand 447 TL between the years 2020-2021andthese were identified.

Within the scope of the investigation, it was determined that fake invoices were provided to companiesthroughfinancial advisors or companymanagers in exchange for a commission,and that these fake invoices were used by companies to record expenses in their corporate tax returns by entering them into their legal ledgers.was shownit was also determined.

It was determined that the suspectscaused a loss of approximately 69 million 552 thousand 840 TL to the state between 2020 and 2021 by unlawfully obtaining VAT refunds.

It was determined that 1 certified public accountantwho was found to be actingwithin the framework of organized criminal activityadvisor, 25 financial advisor, 6 organization leaders and the fake invoices subject to the crimeby using them, it was determined that they caused public loss; Demir Group Companies, Cavıtech Denizcilik A.Ş and Ses Taahhüt İnşaat A.Ş's managers and partnersincluding 11 suspects involved, detention orders were issued for a total of 43 people, and 37 suspects were detained. While 6 people were sought under arrest warrants, efforts to apprehend them continue.The investigationcontinues.

The 37 individualswhose procedures were completed at the police station were referred to the courthouse. Following their statements to the prosecutor, 21 suspectswere arrested,while 16suspects were released under judicial control conditions.

News Source: 12punto