Fraudulent scheme and concealment of income/ The Prosecution freezes the bank accounts of six companies

2026-04-15 10:42:00, Aktualitet CNA

Fraudulent scheme and concealment of income/ The Prosecution freezes the bank

The Tirana Prosecution Office has seized and blocked the bank accounts of 6 companies, suspected of the criminal offenses of "Creating fraudulent schemes related to VAT" and "Hiding income".

According to the prosecutor's office announcement, the total amount blocked amounts to over 73 million lek.

It is suspected that these entities were part of an organized scheme, where invoices were issued and used for works and services that were not actually performed, with the aim of unfairly benefiting from VAT and reducing fiscal obligations.

Meanwhile, investigations continue to fully identify the people involved.

Prosecutor's Office Announcement:

The Tirana Prosecution Office seizes and blocks 73 million lek in the accounts of 6 companies, suspected of the criminal offenses of "Creating fraudulent schemes related to VAT" and "Hiding income".

At the request of the Prosecutor's Office at the First Instance Court of General Jurisdiction in Tirana, preventive seizures and immediate blocking of bank accounts were imposed for six companies with a total of 73,051,436 lekë.

Investigations by the Prosecutor's Office at the Court of First Instance of General Jurisdiction, Tirana, revealed that these entities used fictitious invoices in order to avoid tax obligations.

These entities are suspected of being part of an organized scheme, where invoices were issued and used for works and services that were not actually performed, with the aim of unfairly benefiting from VAT and reducing fiscal obligations.

For this reason, preventive seizure and immediate blocking of bank accounts was imposed for several companies, with significant monetary values, as follows:

• “OLT-FLOR” shpk – in the amount of 6,479,834 lek;

• “OLTI-Group” shpk – in the amount of 1,542,834 lek;

• “ALBAVIA” shpk – in the amount of 23,056,593 lek (VAT + TF);

• “Kukës Chrome Minerals” shpk – in the amount of 24,570,607 lekë (VAT + TF);

• “Troci 2005” shpk – in the amount of 10,521,085 lek (VAT + TF); and

• “STANDART” shpk – in the amount of 6,880,483 lek (VAT + TF).

The financial analysis showed that the value of the suspected transactions exceeds 73 million lek, while the potential damage to the state budget is related to the failure to declare and avoid paying taxes.

At this stage of the proceedings, the authorities have been ordered to:

• Seizure of bank accounts in several second-tier banks;

• Their immediate blocking to prevent the movement of funds;

• Continuing investigations to fully identify the persons involved.

Investigations continue for the criminal offenses "Creating fraudulent schemes related to VAT" and "Hiding income", while the taking of other procedural measures in the future is not ruled out. / CNA