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Automatically translated version. May contain inaccuracies compared to the original.
Shadow schemes with agricultural products: the SBU's Economic Security Bureau uncovered a large-scale conversion center
Detectives of the Territorial Department of the Economic Security Bureau in the Kyiv region, together with Cyberpolice operatives, uncovered a large-scale conversion center through which shadow payments in the agricultural sector were carried out. The scheme involved more than 60 controlled enterprises exhibiting signs of fictitiousness, and the funds obtained were converted into cash and virtual assets.
Through these companies, the suspects helped real sector enterprises conceal income and evade paying taxes.
They purchased agricultural products from producers for cash without recording the transactions in accounting or tax records. For subsequent sale of the goods in Ukraine and abroad, they prepared documents containing false information about the goods’ origin, value, and characteristics.
This created a fictitious history of origin for the products, and proceeds from their sale were diverted into the shadow economy. Part of the money was converted into virtual assets in an attempt to hide its origin and avoid financial monitoring.
The pre-trial investigation is ongoing. The full circle of persons and enterprises that may have used the conversion center’s services, as well as the movement and origin of funds, is being established.
Operational support was provided by officers of the Cyberpolice Department of the National Police of Ukraine. Prosecutors of the Kyiv Regional Prosecutor’s Office are exercising procedural supervision.
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