Police dog handlers and their dogs patrol Waterloo Station in London, Friday, May 4, 2018, where people will be travelling from to watch the royal wedding which takes place on Saturday, May 19 in Windsor. (Kirsty O'Connor/PA via AP)
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European police arrested 58 people in a continent-wide crackdown on a VAT fraud gang robbing European taxpayers of hundreds-of-millions of euros, the continent's policing agencies said Friday.A two-day operation coordinated by Europol and Europe's prosecuting authority Eurojust, saw police last month swooping down on suspects in Belgium, Germany, Portugal and Spain.The gang which had been operating across Europe for the last nine years is suspected of VAT fraud and money laundering amounting to a staggering total of more than 390 million euros ($466 million).The gang's masterminds are suspected of so-called missing trader fraud which has cost the EU economy 60 million euros in damage so far, Europol said.
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