Illegal Financial Activities Uncovered in Volyn Region
Police officers in the Volyn region, with the support of the regional prosecutor’s office, have discovered illegal activities of an organized underground structure linked to a financial-industrial group. This group set up fictitious enterprises to funnel money into their accounts and evade taxes.
During searches of the group’s offices and vehicles, law enforcement seized stamps, computers, phones, bank cards, and draft records. The police are currently working to identify all individuals involved in this criminal scheme and bring them to justice.
The pre-trial investigation is being conducted under Articles 212 Part 3 (Evasion of taxes, fees) and 209 Part 3 (Money laundering) of the Criminal Code of Ukraine. Those found guilty could face up to twelve years in prison, with additional penalties including the confiscation of property and a ban from certain activities.
