Police smash EUR 10m social security fraud
23 June 2006, MADRID — Police in Spain have arrested 42 people in connection with a EUR 10.6 million social security fraud.
23 June 2006
MADRID — Police in Spain have arrested 42 people in connection with a EUR 10.6 million social security fraud.
Another 37 people have also been arrested for links to the fraud in raids across Spain.
All those arrested are accused of eluding paying social security for their workers, fraud, faking work permits and making bogus social security claims.
Police raided homes in Seville, Valencia, Palma in Majorca, Granada, Valladolid, Málaga, Murcia, Madrid, Navarre, Coruña, the Basque Country; Toledo, Segovia, Tenerife and Gran Canaria.
Most of those who were arrested were company bosses who evaded paying social security for their workers and wound up the firms before the authorities caught up with them.
Others helped foreigners to get bogus work permits.
The majority of those detained were Spanish, though some were also Moroccan.
Two are accused of helping companies to elude making social security payments on behalf of their staff of up to EUR 141,875.
Two others, who ran a series of polishing companies, carried out a similar fraud, and failed to pay social security of EUR 687,918,07.
Building company bosses in Palma, Majorca, evaded paying social security of EUR 1,553,362, police said.
[Copyright EFE with Expatica]
Subject : Spanish news