Romanian Fiscal Anti-Fraud teams discover EUR 1.7 bln prejudices

The General Directorate for Fiscal Anti-Fraud (DGAF) has found prejudices, imposed fines and carried out seizures amounting to EUR 1.7 billion, in the first year after the institution became operational in December 2013, after the Financial Guard was dissolved, reports local Agerpres. The DGAF, which employs 1,318 fraud inspectors, controlled more than 25,000 taxpayers between December 1, 2013 and November 30, 2014 and discovered EUR 691 million damages, 91% of which exceed EUR 1 million, and 65% were caused by VAT fraud. The DGAF inspectors imposed EUR 23 million fines, seized EUR 64 million and ordered precautionary measures for EUR 515 million. editor@romania-insider.com