He is suspected of tax evasion through “large-scale financial fraud” with strategic enterprises of Ukraine.
SBU employees exposed oligarch Pavlo Fuchsa for large-scale financial fraud with strategic enterprises and tax evasion.
According to the investigation, since 2018, he illegally took over the assets of Ukrainian companies worth more than 100 billion hryvnias. The holding sought out enterprises in the energy, machine-building and metallurgical industries of Ukraine that had loans from bankrupt banks.
“Deals bought the “credit obligations” of these objects from banking institutions for nothing, which made it possible to interfere in their economic activity,” the SBU press service explains.
Later, the assets of Ukrainian factories and infrastructure facilities were frozen or brought to bankruptcy.
Not only that, Fuchs and his accomplices carefully concealed the sources of financing the equipment and real “customers” through complex financial machinations. More than 100 affiliated commercial structures were used for this purpose.
“In the course of these frauds, the perpetrators received excess profits and avoided paying taxes. For example, the amount of losses to the state from just one of these devices reaches almost 100 million hryvnias,” the SBU added.
Now Fuchs and two top managers of the holding were informed of suspicion under the article “evasion of payment of taxes and fees”. The article is punishable by a fine of up to 170 thousand hryvnias with deprivation of the right to hold certain positions or engage in certain activities for a period of up to three years or without such.
And corporate rights and accounts were seized. Part of the seized assets was handed over to ARMA management.
