Saturday, October 31, 2020

Netherland: Two men arrested in €900,000 medical mask scam

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The FIOD, the Tax Authority’s investigative department, arrested two men on Monday on suspicion of stealing 900 thousand euros in a scam involving medical masks.

The 51-year-old man from Oldenzaal and a 61-year-old man from Amersfoort posed as suppliers of protective equipment and “sold” 11 million nonexistent medical masks to two buyers, FIOD said in a statement.

The two buyers paid 900 thousand euros for the masks, which they never received. The payment was made into the account of a company belonging to one of the suspects.

The amount was quickly withdrawn or transferred to other bank accounts, both abroad and in the Netherlands, FIOD said.

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The authorities believe that the two suspects played an important role in this scam. They were arrested on suspicion of fraud, money laundering and forgery.

FIOD searched a commercial property in Oldenzaal and a home in Amersfoort as part of the investigation. Bank accounts, phones, digital administration, and documents were seized for further investigation.

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