Ukraine’s ESBU seized UAH 700 million from the accounts of one of the largest gambling companies

Detectives of the Economic Security Bureau of Ukraine exposed one of the largest licensees of online gambling in the evasion of UAH 1.2 billion (€29,6 million ) in taxes.

According to the investigation a group of people from among the company’s employees organized unlicensed online gambling.

Using more than 30 mirror websites with interfaces similar to the licensed website and “misdirection” of payments they set up a scheme for tax evasion on a particularly large scale.

It was also established that the gambling licensee was not located at the address specified in the license of KRAIL. And its officials deliberately concealed evidence – documents and other information necessary for a comprehensive, complete and impartial investigation of the circumstances of the crime.

Currently UAH 700 million (€17,3 million) placed on the company’s accounts has been seized. The pre-trial investigation is ongoing. Operational support was provided by the SSU. Prosecutors of the Prosecutor General’s Office are providing procedural guidance.