Missing Trader Intra Community (MTIC) VAT Fraud

More about Missing Trader Intra Community (MTIC) VAT Fraud

One of the most prevalent types of VAT fraud is the Missing Trader Intra Community (MTIC) or carousel fraud which involves the theft of VAT. This type of fraud concerns the abuse of the VAT rules on cross border transactions within the EU.

Typically, these types of fraud involve high value goods being purchased from another EU state free of VAT. The goods are then sold to a domestic purchaser with VAT being charged and the initial company (or another trader along the chain) goes missing without paying the VAT to HMRC. These types of cases usually involve complex chains of companies, with multi layered structures and 'back to back' transactions. In some situations, a purchaser will then export the goods and reclaim the VAT from HMRC.

We have extensive experience of dealing with these types of cases involving hundreds of millions of pounds and we have represented those involved in the mobile telephone and IT industry, carbon credit, precious metals and more recently the telecoms and VOIP sector.

We are regularly instructed in high profile cases of this nature and have been for a number of years including:

  • Operation Ghast

  • Operation Lychee

  • Operation Erasure

  • Operation Forebear

  • Operation Snowbank

  • Operation Carp

  • Operation Jammed

  • Operation Grassland

These type of investigations are complex and experience has shown us that early engagement with a business crime lawyer is essential.

Our dedicated Missing Trader Intra Community (MTIC) VAT Fraud Team

Craig Liversidge.jpg

Partner, Crime

Craig Liversidge


Partner, Crime

Craig MacKenzie


Consultant, Crime

Daniel King

Contact Us

If you have an enquiry then please fill in your details and someone will contact you.

0800 988 5124 - Monday - Friday: 09:00 - 17:00

Request a call back

By submitting your enquiry you agree that Forbes can contact you.

© 2024 Forbes Solicitors is the trading name of Forbes Solicitors LLP Offices in Preston, Manchester, Salford, Blackburn, Blackpool, London and Leeds UK Main Office: Rutherford House, 4 Wellington Street (St Johns), Blackburn, Lancashire, BB1 8DD • Vat No: 174 394 344 Forbes Solicitors is authorised and regulated by the Solicitors Regulation Authority (SRA No. 816356). Details of the SRA’s Standards and Regulations can be found here. Authorised and regulated by the Financial Conduct Authority.

This website has implemented reCAPTCHA v3 and your use of reCAPTCHA v3 is subject to the Google Privacy Policy and Terms of Use.