Massive 6.5 million euro Social Security frauds uncovered in Canaries
Agents of the National Police have developed an operation against Social Security fraud in the Canary Islands.
In total, 33 companies have been investigated, which would have defrauded more than 6.5 million euros through mechanisms to decapitalise them and conceal their assets.
“Those arrested decapitalised debtor companies, transferring the production elements to other new companies using frontmen and bogus,” said a police spokes-man. “Among those involved are the administrators of companies, frontmen and people who collaborated to carry out the fraud.”
The investigations began months ago, when several fraudulent companies were detected by the competent agencies in the provinces of Tenerife and Las Palmas.
After a detailed study of the documentation provided by the Economic Crime Prevention Service of the General Treasury of the Social Security and the Provincial Directorates of the General Treasury of the Social Security and of the Labour and Social Security Inspections of the provinces of Las Palmas and Tenerife and analysis of these criminal activities, it was possible to conclude the fraudulent character of the companies studied in this operation.
Once confirmed the exis-tence of these irregularities, different operations were coordinated that culminated with the arrest of 18 people and the investigation of another nine for different types of crime.
These included fraudulent insolvencies, crimes against Social Security, improper collections of benefits and falsifying documents.
“At the moment, the investigators have clarified a total of eight alleged crimes against Social Security, three of punishable Insolvencies, seven of rustration of the execution/uprising of goods, three of improper collection of benefits, and two of documentary falsehood; having also uncovered a fraud of 6,662,966 euros to the public treasury,” said the police.
“The various types of fraudulent assumptions used by those responsible for the companies investigated in the provinces of Las Palmas and Tenerife, which are usually carried out in order to produce the insolvency situation, are mainly the successive creation of mercantile companies.”
The investigations have been carried out by agents of the Social Security Investigation Section of the Central UDEF of the CGPJ, in collaboration with the Provincial Brigades of the Judicial Police of Tenerife and Las Palmas, of the Higher Police Headquarters of the Canary Islands.
The Economic Crime Prevention Service of the General Treasury of the Social Security, the Provincial Directorates of the Provincial Laboir and Social Security Inspections and other bodies also collaborated.