Investigation into tax credit fraud related to 'sisma bonus' and 'superbonus 110%' in Italy

Following investigations coordinated by the Public Prosecutor's Office of Benevento, the finance guard of Caserta has today executed a preventative seizure order - issued by the judge of the Sannita court - of tax credits arising from the 'sisma bonus' and 'superbonus 110%' benefits for a total value of over 3.8 million euros against subjects in whose tax drawer these credits were still present. A preventative seizure was also ordered, in the equivalent form, against two subjects deemed responsible, in various capacities, for the crimes of undue receipt of public grants, as well as for issuing invoices for non-existent operations. The investigation has allowed to acquire serious clues about a series of illicit conducts that would have been carried out in concert with a further 36 subjects who, taking advantage of the benefits provided by the so-called 'sisma bonus' and 'superbonus 110%', would have transferred, with the 'discount on invoice' option, tax credits related to expenses incurred for the purchase of anti-seismic houses (to be realized through demolition and reconstruction works), for a total amount of over 3.8 million euros, through the interposition of a cooperative company and two limited liability companies. In particular, the tax credit transfer communications would have been falsified first, with which the construction works would have been made to appear finished, also thanks to the contribution offered by a professional who has affixed the conformity visa on the declarations, which is considered as false. Subsequently, the fictitiously generated tax credits would have been partly transferred to the two companies involved, also in charge of the design and execution of the reconstruction and demolition works, which the investigations have ascertained were never actually carried out.