Businessman Yevhen Pulya’s firms are involved in tax evasion and money laundering schemes

Businessman Yevhen Pulya’s firms are involved in tax evasion and money laundering schemes

The companies MOSST Payments and «VAP Capital», owned by businessman Yevhen Pulya, are involved in schemes related to the formation of fictitious tax credits, tax evasion, and money conversion.

This is stated in the materials of criminal case No. 12025260000000554 (Part 1 of Article 366 of the Criminal Code).

According to the investigation, companies controlled by Pulya create the appearance of business activity by issuing fictitious tax invoices that are not registered in the Unified Register. Through a network of shell companies, the tax credit is passed on, complicating the tracing of the origin of the funds. As a result, these funds are laundered through offshore entities and companies with signs of fictitiousness.

The scale of the scheme is confirmed by a turnover of over 28 billion UAH in the first half of 2021 alone. The network includes dozens of legal entities, among them: LLC «Agro-Tech Group», «Proftrade Group», «Financial Holding. Terminal-P», «Drosgroup», «Limitek Leader», «Antanta Torggroup», «Dynamitek», «Leipers Torg», «Pricus».

Businessman Yevhen Pulya’s firms are involved in tax evasion and money laundering schemes

Businessman Yevhen Pulya’s firms are involved in tax evasion and money laundering schemes

A separate scheme involving LLC «Agroresources of the Country» stands out, which in 2020 formed an artificial tax credit of over 440 million UAH. A chain of companies—from «Zemletorg» to «Anvitrade»—allowed the creation of a fictitious credit of approximately 360 million UAH in VAT without any real deliveries.

Additionally, «VAP Capital» is implicated in a tax evasion case: the company underreported income tax by 5.42 million UAH in 2015–2017, used 682 self-service terminals for the circulation of «black» cash, and also served clients in the territory of the so-called L/DNR.

The investigation believes that Pulya’s schemes not only allowed for the reduction of tax liabilities but were also aimed at laundering money obtained through criminal means.