Two Arrested in Novi Sad on Suspicion of Tax Fraud and Money Laundering

Authorities in Novi Sad have arrested two individuals on charges of tax fraud and money laundering, the Higher Public Prosecutor's Office announced. The suspects, identified as Z.T., responsible for the company Bee It, and J.Č., an entrepreneur, allegedly engaged in a scheme to defraud the Serbian budget.

According to the prosecution, between December 2024 and February 2025, the suspects submitted tax declarations containing false information. They purportedly claimed unjustified value-added tax (VAT) refunds based on fictitious invoices for services supposedly rendered by N.K. and B.T., individuals whose cases are currently under criminal proceedings.

Through these fabricated transactions, the suspects allegedly reduced their taxable profits by inflating business expenses. This allowed them to avoid calculating, declaring, and paying their tax obligations. Z.T. is accused of causing approximately five million dinars in damage to the state budget, while J.Č. is alleged to have defrauded the budget of around six million dinars.