Millions Lost in Fake Deals
Customs and tax authorities in Morocco have uncovered an extensive network involved in tax and customs evasion, through the use of forged invoices and manipulations of the declared values for imported goods. The declared values are between 30% and 50% lower than their actual worth. Investigations have revealed suspicious transactions exceeding 1.17 billion dirhams, while customs revenues have increased by up to 8.09 billion dirhams, compared to 6.24 billion dirhams in the previous year. The network involves seven major companies and utilizes the latest digital analysis technologies and artificial intelligence to monitor suspicious financial transfers, investigate the movement of goods, and verify the effectiveness of customs declarations.
Notice: This Is an AI-Generated Summary
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