Scandal: BEB seized accounts of online casino Cosmolot for UAH 700 million
UAH 700 million was seized from the accounts of the online casino Cosmolot, one of the leading gambling companies, by the Bureau of Economic Security of Ukraine. This company is suspected of tax evasion of UAH 1.2 billion.
Arrest of Cosmolot: new details and the company's response
Unlicensed gambling on the Internet
According to the investigation, several employees of Cosmolot organized unlicensed gambling on the Internet.
Tax evasion scheme
Tax evasion involved the use of more than 30 mirror sites with a similar interface to the Cosmolot site. Payments were also made using miscoding.
Concealment of evidence
Detectives determined that the gambling licensee was not located at the address provided in the license. In addition, company officials tried to hide documents and other information that could be important for the investigation.
Continuation of the investigation
The pre-trial investigation is still ongoing, operational support is provided by the Security Service of Ukraine. Prosecutors of the General Prosecutor's Office are responsible for procedural management.
- BEB - Bureau of Economic Security of Ukraine. This is a special service that protects the economy of Ukraine from criminal manifestations.
- Cosmolot is an online casino owned by one of the largest gambling companies. Details about this company can be found on their official website.
- BEB notification about seizure of Cosmolot accounts
- Information about Cosmolot on "Economic Pravda"
- Cosmolot company statement on Forbes