Accountant helped set up 28 companies and laundered more than 8.1 billion in money and was prosecuted

Accountants surnamed Wang and Li are suspected of assisting illegal groups to set up 28 head companies, creating the illusion of company operations through companies issuing invoices to each other. After these companies were established, they were specially used by fraud, gambling and money laundering groups to hide illegal cash flows. Preliminary statistics indicate that the cash flows handled exceeded 8.1 billion yuan, including fraud. There were 30 victims in the fraud case, and the reported losses amounted to 40 million yuan. The first team of the Criminal Police Department's Investigation Team arrested 18 people, including Wang and Li, for prosecution. After the Taichung District Prosecutor's Office reviewed the case, Wang and her daughter were allowed to be detained. Wang, Li, and two heads of the headcount company were first investigated and prosecuted for gambling crimes, money laundering, and commercial accounting laws.

Police investigation revealed that the illegal group first recruited the person in charge of the company in the form of 5,000 yuan per month, or one thousandth of the profit share, and then cooperated with the illegal bookkeeping industry to register the company, established the company, and obtained the company's seal and bank account control. The illegal groups then used these capitated companies to arbitrarily allocate amounts and falsely issued invoice vouchers and filed 401 forms to create the illusion of normal commercial transactions. The capitated companies were then withdrawn or transferred multiple times by gambling, fraud and other groups, creating a breakpoint in cash flow.

After reviewing the information through the Ministry of Economic Affairs and the Ministry of Finance, it was found that the invoices issued by these headcount companies were issued to each other and frequently traded items, which was completely inconsistent with their registered business items. Among them, a few accounting firms uniformly managed tax returns.

After locking accountants Wang Nv and Li Nan, the police went to Taichung City and Kaohsiung City and other places on July 16 this year with personnel from the Southern District and Central District Taxation Bureau of the Ministry of Finance to conduct searches. A total of 18 people including Wang and Li, as well as their employees, agents, and heads of capitation were brought to the case. Stolen evidence such as company seals, purchase and sale invoices, office computer files, and mobile phones were seized and transferred to the prosecutor for investigation in accordance with the law.

The police remind practicing accountants and related professionals not to cooperate with fraud groups in applying for a headcount company for the sake of small profits. Ordinary people should not hand over their identity documents to others to apply for a headcount company as the person in charge. In addition to violating the company law, it may also involve multiple crimes such as the Money Laundering Prevention Law, the Tax Collection Law, and the Commercial Accounting Law. If the company is involved in fraud, it will also face victims' claims for compensation, which will outweigh the gains.