SDOE links 500 luxury island homes to high-level tax evasion

The Financial Crimes Squad (SDOE) has identified at least luxury homes being leased via the Internet for up to 10,000 euros a day, income that has been concealed from tax authorities, according to a report in the daily Ethnos.

The majority of the villas that are being rented online are «invisible,» according to the report which said their owners, chiefly foreigners, are believed to be responsible for high-level tax evasion.

The majority of the properties are located on cosmopolitan Aegean islands such as Myconos and Paros, the report said.

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