As part of the investigation into a tax evasion scheme, the ARMA received a request from a law enforcement agency to trace the property of the persons involved in the criminal proceedings.

According to the investigation, the suspect in the criminal proceedings intentionally evaded taxes by creating and using legal entities to generate a fictitious VAT credit.

Employees of the Digital Development Department of Asset Finding and Tracing of the ARMA, using available tools and access to relevant databases, conducted asset identification and tracing measures.

As a result, the following assets were identified and traced: residential and non-residential real estate, as well as funds in the amount of over 260,000 USD in bank accounts.

Pavlo Velykorechanin, Deputy Head of the ARMA, said: “We continue to demonstrate that the state has powerful tools to uncover even the most complex schemes of concealing property. This operation is a part of ARMA's systematic work on tracing illegally obtained assets, which contributes to strengthening Ukraine's economic security and restoring justice.”

At the same time, for an effective result in the interests of the state, it is necessary for the National Agency to obtain a court order to transfer the seized assets into management. This will allow ARMA to purchase military bonds for this amount, which will support the economy and the Ukrainian Defense Forces. It is worth reminding that ARMA is authorized to purchase military bonds using seized foreign currency funds.

This information about the assets has already been transferred to the pre-trial investigation body to take measures to seize the identified assets and transfer them to management.