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tax fraud

Secret Solstice

Who is the Fake Man?

Icelandic media are abuzz today about “the fake foreign man” who was among the biggest debtors of the failed old Icelandic banks before the 2008 crash. The name does not refer to a specific individual; it is actually a collective term for a number of unknown overseas legal entities.

Construction.

Contractors Suspected of Human Trafficking

Foreign workers of a contracting firm under investigation for massive tax fraud, sought help at the Embassy of Poland in Reykjavík last Friday after electricity had been cut off from the building in which they resided.

Will Crooks in Construction be Nailed?

The Directorate of Internal Revenue (DIR) believes organized tax fraud related to the construction industry amounted to ISK two billion (USD 15.4 million, EUR 13.6 million) last year.