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Police bust fake invoice gang
By Xu Chi |
May 13, 2010, Thursday
|
Online Edition
Online Edition
BAOSHAN District police have cracked the city's biggest illegal printing workshop that mainly faked invoices for parking lots.
Police have caught four suspects during a raid on Dakang Road and seized 430,000 bogus invoices on April 13.
All printers and computers were confiscated. Police said the invoices were mainly sold to parking lots, where management companies could use them to avoid taxes. Each invoice had a face value of 5 yuan.
Police said they managed to stop the latest deal involving 100,000 invoices, but did not know how many had already been sold.
Officer Fu Jun said the workshop was run by Shanghai Caiseng Printing Company. The boss and two employees began printing at the beginning of April, selling the invoices to dealer Tao Lianqing who made up to 80 percent profit, he alleged.
"Although the printing workshop didn't actually profit a lot from the illegal business, fake invoices are greatly harming the country's tax system," said Fu.
He said the five-yuan invoices were quite rare in the fake industry, as one could earn much more by printing them for commercial use.
But due to the low face value, the fake invoices were easily made and difficult for police to detect.
Police advised local residents to park their vehicles at formal parking lots and carefully check the invoice stamp, date and most importantly, the quality of the paper, to avoid receiving fakes.
Police have caught four suspects during a raid on Dakang Road and seized 430,000 bogus invoices on April 13.
All printers and computers were confiscated. Police said the invoices were mainly sold to parking lots, where management companies could use them to avoid taxes. Each invoice had a face value of 5 yuan.
Police said they managed to stop the latest deal involving 100,000 invoices, but did not know how many had already been sold.
Officer Fu Jun said the workshop was run by Shanghai Caiseng Printing Company. The boss and two employees began printing at the beginning of April, selling the invoices to dealer Tao Lianqing who made up to 80 percent profit, he alleged.
"Although the printing workshop didn't actually profit a lot from the illegal business, fake invoices are greatly harming the country's tax system," said Fu.
He said the five-yuan invoices were quite rare in the fake industry, as one could earn much more by printing them for commercial use.
But due to the low face value, the fake invoices were easily made and difficult for police to detect.
Police advised local residents to park their vehicles at formal parking lots and carefully check the invoice stamp, date and most importantly, the quality of the paper, to avoid receiving fakes.
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