• Market News

Recently the Officer of the European Public Prosecutors Office (“EPPO”) conducted 25 searches in six countries across Europe in pursuit of its investigation of an alleged €19 million fraud involving trade in second-hand mobile phones imported from Hong Kong, the UAE and the USA.

Goods from these locations are not eligible for use in margin schemes and so any companies trading them ‘on margin’ are liable to pay VAT at...

A FAKE person is trying to clone Novaphone Poland. He DOES NOT represent Novaphone.

Do NOT fall for this FRAUD

Fake contact person - Robert Rochowiak

Fake Mobile/Whatsapp: +48 798 556 993

FAKE bank account number on their FAKE proforma invoices:

IBAN: PL05194010764972757100000000

Credit Agricole, Swift: AGRIPLPRXXX

Stay Safe

Sent by IPT Team on behalf of Novaphone

Why liquidation is NOT the answer to disputes with the VAT man

By Martin O’Neill, Keystone law

Having experienced first-hand HMRC’s attempts to combat serious tax losses, one of the features of tax litigation over the last 15 years has been the prevalence of so-called ‘Kittel’ cases. These are cases in which HMRC seeks to deny repayments of VAT to companies buying goods in circumstances where HMRC has identified a fraud further...

Please be aware that there are FAKE emails being sent from what appear to be IPT email accounts.

These suspicious emails contain links to a FAKE IPT website as in the images below.

Please do NOT click on the links or attempt to login to the suspicious website.

Please only ever enter your login details via our official IPT website www.ipt.cc. We will NEVER ask you via email to ‘Reactivate your Account.’

If you suspect that you’ve...

Be aware there has been a recent theft of iPhone 12 in Sweden from a logistics truck. 

Here is the IMEI list so you can be careful not to buy stolen phones. 

Spreadsheet link: http://www.ipt.cc/News/IMEI-lista1280st.xlsx

Note: The client does not wish to be named but has provided us with Police reports and proof. 

Stay safe! 

IPT Team 

With the support of Eurojust, the Dutch fiscal authorities have halted a major scam to avoid the payment of VAT via trading companies. By setting up a string of enterprises in the Netherlands, Hungary, Poland and Croatia, a network of traders in Secure Digital (SD) memory cards for mobile phones allegedly defrauded the Dutch fiscal authorities for an estimated amount of EUR 9 million between 2017 and 2020. During an action day supported by Eurojust...

It is with regret we must announce that we have made the difficult decision to postpone ITC Malta 2021.
 
Until recently, we remained hopeful that the situation would greatly improve and allow us to come together again in Malta this year. However, the current safety COVID restrictions associated with hosting events in Malta are understandably rigorous and unfortunately adverse to the special atmosphere we create at ITC.
 
Rather than proceed...

There is someone who is pretending/cloning BOMAX SRL in Italy

Their real email is - [email protected]

The Fraudster is using [email protected].

Right now he is using [email protected]

Please be careful!

Posted by IPT on behalf of BOMAX Srl

Warning

We would like to inform you about a scam allegedly organized by a former Turbado/Kulm Worker, Mr. Marek Kovac, through a new Company from Slovakia: MOJA MK SRO

They were ordering stocks form us and we completed small deals successfully then later deals sending fake Payments Copies from Tatra Bank from which money never came (Tatra Bank even confirmed that the TT Copies are fake). We do believe that this Marek Kovac organized all this, by...

The UK government is inching towards taking a decision on Huawei's role in the UK's 5G and fixed-broadband networks.

The National Cyber Security Centre (NCSC) - a branch of the intelligence service GCHQ - has documented all the facts ahead of giving its view.

And civil servants at the Department for Digital, Culture, Media and Sport (DCMS) are weighing up the financial consequences of ordering a ban or new limits.

In theory, a decision could come...

Eurojust helps Italy and Slovenia unravel massive VAT fraud

The Hague, 24 June 2019

With the assistance of Eurojust, the Italian authorities seized almost EUR 84 million after unravelling a VAT fraud scheme involving the marketing of technological and computer products in the region of Campania. A total of 49 suspects are under investigation for tax crimes committed through so-called ‘carousel fraud’ by collecting the VAT for themselves...