Crackdown on forged invoices
By Ni Yinbin |
October 13, 2011, Thursday
|
Print Edition
Print Edition
BEIJING police have cracked down on four gangs, arresting 205 people for falsely issuing and dealing in value-added tax invoices in what is the biggest forged invoice investigation in the city's history, according to Beijing Evening News.
The four groups, led by Lin Zhi, Wang Jinbao, Gao Jianjun and Liu Huijun, forged invoices through 24 registered shell companies and sold them to 148 companies to help them evade tax, Beijing police said.
About 476 million yuan (US$75 million) of tax had been evaded, based on the face value of forgeries found by police.
Besides the shell companies and their clients, another 20 upstream companies, including Beijing Coca-Cola Beverage Co, owned by Coca-Cola's China joint venture COFCO Coca-Cola, are said to be involved in issuing forged value-added tax invoices to the shell companies, which those companies used to balance their own accounts, according to police.
The crimes came to the attention of police in June, and during months of investigation police identified various suspects, including accountants, businessmen, corporate representatives, owners of the shell companies and buyers of the invoices.
"The gangs were well organized with specific responsibilities for each member," the police said.
"Most of the suspects were from Henan Province. They know each other well and worked efficiently and secretly."
Police raided suspects' premises in August, using 1,272 officers to apprehend suspects in Beijing City, Hebei, Shandong and Gansu provinces and the Guangxi Zhuang Autonomous Region and detaining 361 people. More than 29 sets of invoices, 462 account books and more than 1,000 stamps were seized, along with printers and computers, police said. With the cooperation of banks, police froze 148 accounts and seized over 55 million yuan.
The number of suspects involved makes the case the biggest forged invoice investigation in the city's history, police said.
The four groups, led by Lin Zhi, Wang Jinbao, Gao Jianjun and Liu Huijun, forged invoices through 24 registered shell companies and sold them to 148 companies to help them evade tax, Beijing police said.
About 476 million yuan (US$75 million) of tax had been evaded, based on the face value of forgeries found by police.
Besides the shell companies and their clients, another 20 upstream companies, including Beijing Coca-Cola Beverage Co, owned by Coca-Cola's China joint venture COFCO Coca-Cola, are said to be involved in issuing forged value-added tax invoices to the shell companies, which those companies used to balance their own accounts, according to police.
The crimes came to the attention of police in June, and during months of investigation police identified various suspects, including accountants, businessmen, corporate representatives, owners of the shell companies and buyers of the invoices.
"The gangs were well organized with specific responsibilities for each member," the police said.
"Most of the suspects were from Henan Province. They know each other well and worked efficiently and secretly."
Police raided suspects' premises in August, using 1,272 officers to apprehend suspects in Beijing City, Hebei, Shandong and Gansu provinces and the Guangxi Zhuang Autonomous Region and detaining 361 people. More than 29 sets of invoices, 462 account books and more than 1,000 stamps were seized, along with printers and computers, police said. With the cooperation of banks, police froze 148 accounts and seized over 55 million yuan.
The number of suspects involved makes the case the biggest forged invoice investigation in the city's history, police said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
