aA
Lithuania's Financial Crime Investigation Service said on Wednesday it is carrying out two pre-trial investigations into the use and distribution of dental products, as well as into the operation of several dozen dental clinics.
Odontologija
Odontologija
© Shutterstock

"Two businesses involved in the wholesale of dental implants and related products are under investigation for alleged provision of wrong revenue data. Two people are under investigation regarding alleged illicit enrichment as part of one of the investigations. Based on the existing evidence, one of the companies might have failed to pay over 370,000 euros in taxes," the FCIS said in a statement.

Some 50 searches have been carried out in recent weeks as part of the investigations led by Klaipeda Regional Prosecutor's Office. Investigators and experts are now analyzing the evidence to determine the damage done to the state.

The FCIS says it gas evidence to suggest there's a network of sellers and distributors of dental goods, mostly implants, who allegedly avoid taxes. Members of this network are suspected of importing dental implants and related products from the EU and third countries under tax evasion schemes.

In Lithuania, persons who provide wrong revenue information to avoid taxes when the tax value exceeds 30,000 euros, face up to eight years in prison. And they also face up to six years in prison for high-value illicit assets.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Minister: Lithuania has potential to produce COVID-19 vaccines

Lithuania has the potential to produce COVID-19 vaccines, Economy and Innovation Minister Ausrine...

Sinkevicius: no strict deadline for submitting economic recovery plan

As Lithuania plans to submit its economic recovery plan to Brussels slightly later, in the middle of...

Extra-EUR 55 mln for pandemic management will push budget deficit up

As the Lithuanian government plans to review this year's budget, the now-approved state budget deficit...

Northway Biotech claims to have created anti-coronavirus drug (1)

Lithuanian company Northway Biotech, based in Vilnius, claims to have created an anti-coronavirus drug...

Julius Gendvilis ends his career as head of Mitnija

Julius Gendvilis is ending his career as head of Mitnija, one of the largest construction companies in...

Top news

Minister: Lithuania has potential to produce COVID-19 vaccines

Lithuania has the potential to produce COVID-19 vaccines, Economy and Innovation Minister Ausrine...

PM: Lithuania plans no changes to lockdown rules this week

Lithuanian Prime Minister Ingrida Simonyte said on Tuesday that the government is not planning to...

Lithuanian-born singer from France GiedRé: at some point, you have to come back to granny's piano

Giedrė Barauskaitė, known by the stage name GiedRé, describes herself as "writing funny songs about...

1 226 new COVID-19 cases

On Monday, 1 226 new COVID-19 cases were recorded in Lithuania. In total, 259 862 coronavirus cases...

President: Russia remains long-term threat to NATO (1)

Russia remains a long-term threat to NATO and the security challenges and threats it poses require...