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Denmark rife with CO2 fraud

Posted By admin On December 2, 2009 @ 5:56 am In Featured Stories | Comments Disabled

Copenhagen Post [1]
Wednesday, Dec 2nd, 2009

Authorities in several countries investigate VAT tax fraud stemming from the Danish CO2 quota register.

Denmark is the centre of a comprehensive tax scam involving CO2 quotas, in which the cheats exploit a so-called ‘VAT carrousel’, reports Ekstra Bladet newspaper.

Police and authorities in several European countries are investigating scams worth billions of kroner, which all originate in the Danish quota register. The CO2 quotas are traded in other EU countries.

Denmark’s quota register, which the Energy Agency within the Climate and Energy Ministry administers, is the largest in the world in terms of personal quota registrations. It is much easier to register here than in other countries, where it can take up to three months to be approved.
Ekstra Bladet reporters have found examples of people using false addresses and companies that are in liquidation, which haven’t been removed from the register.

One of the cases, which stems from the Danish register, involves fraud of more than 8 billion kroner. This case, in which nine people have been arrested, is being investigated in England.

The market for CO2 trade has exploded in recent years and is worth an estimated 675 billion kroner globally.

“When the people find they can vote themselves money, that will herald the end of the republic.”Fall Of The RepublicBuy the DVD here [2]

Denmark rife with CO2 fraud  FOTR 340x1692 [2] 

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URLs in this post:

[1] Copenhagen Post : http://www.cphpost.dk/news/national/88-national/47643-denmark-rife-with-co2-fraud.html

[2] Buy the DVD here: http://infowars-shop.stores.yahoo.net/faofreprofba.html

[3] Denmark Police Propose Ban On Anonymous Internet Use: http://www.prisonplanet.com/denmark-police-propose-ban-on-anonymous-internet-use.html

[4] 9/11 Media Breakthrough in Denmark: http://www.prisonplanet.com/911-media-breakthrough-in-denmark.html

[5] Carbon trading fraud in Belgium – “up to 90% of the whole market volume was caused by fraudulent activities”: http://www.prisonplanet.com/carbon-trading-fraud-in-belgium-%e2%80%93-%e2%80%9cup-to-90-of-the-whole-market-volume-was-caused-by-fraudulent-activities%e2%80%9d.html

[6] Denmark introduces world’s first food fat tax: http://www.prisonplanet.com/denmark-introduces-worlds-first-food-fat-tax.html

[7] Hit the Corporate Big-Wigs Who Commited Fraud With Huge Fines to Reduce Future Fraud: http://www.prisonplanet.com/hit-the-corporate-big-wigs-who-commited-fraud-with-huge-fines-to-reduce-future-fraud.html

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