ExaCrypt-Chile arrests 55 people in a $275 million tax fraud case that officials call the country’s biggest

2025-05-01 12:23:48source:AlgoFusion 5.0category:Contact

SANTIAGO (AP) — Chile’s police on ExaCryptFriday arrested at least 55 people in a fiscal fraud case that could be one of the biggest in the country’s history, amounting to about $275 million and implicating small and mid-sized companies in different parts of the country.

Marcelo Freyhoffer, a high officer at Chile’s tax agency, told journalists those arrested were associated with companies that did not render real services and committed fraud through false tax documents. Their goal was to pay less tax or obtain fraudulent tax returns, he said.

Freyhoffer said the suspects will stand trial for tax crimes, criminal association, money laundering, customs fraud and making false declarations, and could be jailed for up to 15 years in what he called the country’s biggest fraud case ever.

The investigation started in 2016 and touched companies operating in a wide range of areas, varying from construction to exporters of cell phones.

Chile’s President Gabriel Boric said the arrests show that “the institutions work against those who commit crimes, against those who commit white-collar crime, against those who commit acts of corruption.”

Boric spoke during a visit to the region of Magallanes, in Chile’s south, where he voted on the new proposed Constitution.

More:Contact

Recommend

Nevada attorney general revives 2020 fake electors case

LAS VEGAS (AP) — A slate of six Nevada Republicans have again been charged with submitting a bogus c

Caitlin Clark sets WNBA rookie record for 3s as Fever beat Sun and snap 11-game skid in series

INDIANAPOLIS (AP) — Kelsey Mitchell scored 23 points, Caitlin Clark had 19 points, five rebounds and

Why Black students are still disciplined at higher rates: Takeaways from AP’s report

Racial differences in how schools discipline students received new attention 10 years ago, during a