Tax credits worth 1.7 bn seized in building bonus probe

(ANSA) - ROME, MAR 22 - Finance police on Wednesday seized tax credits worth an estimated 1.7 billion euros in relation to a probe into alleged building bonus fraud.
    It is the highest seizure of tax credits ever recorded.
    Some 21 people are being investigated on suspicion of criminal association for the purposes of committing aggravated fraud against the State in relation to the use of tax bonuses for energy-saving construction work and work on old and new building facades.
    Police are conducting searches in nine Italian provinces in the north and south.
    The probe began after routine checks by the inland revenue uncovered tax credit transfer notifications in the names of people who were homeless, dead or had criminal records, as well as bonus applications for properties that do not exist. (ANSA).