The Police Investigation Agency in Ho Chi Minh City on March 6 asked the City People’s Procuracy to prosecute 11 traders involved in illegal and bogus handling of Value Added Tax (VAT) invoices.
According to the Investigation Agency, the ring leader is 38-year-old Nguyen Van Nhi from Go Van District.
Since 2007 until November 2010, Nhi used ten bogus companies to buy 231 VAT invoice books from the City tax department.
He then sold 11,521 invoices, with incorrect data, for VND3.16 trillion, making a profit of VND5.8 billion.
The other ten offenders assisted Nhi in this illegal trade transaction.
Besides Nhi, Le Thi Ngoc Anh, 26, from District 12; Huynh Trung Hieu, 29, from Binh Thanh District; Huynh Thi Thien Huong, 34, from Binh Thanh District; Hoang Ngoc Phuong, 47, from Binh Tan District; and Pham Thi Yen Nhi, 50, from Binh Tan District, will be prosecuted for fraud and malpractice.
The other five offenders include Duong Kim Ket, 57, from Binh Thanh District; Nguyen Ba Hien, 50, from District 6; Huynh Thi Kim Duyen, 53, from Binh Tan District; Huynh Van Hoang, 51, from District 6; and Chau Nam Duong, 50, from District 11. These five have been accused of evading tax.
