> Notwithstanding these measures, MTIC fraud remains a problem for the EU. As at November 2018, calculations estimating the annual costs of the fraud range from €20 billion up to more than €100 billion (depending on methodology adopted).[21] An EU Parliament study in October 2018 found that MTIC/carousel fraud is the most damaging type of cross-border VAT fraud with an estimated €50 billion losses on average per year.
France is also hemorrhaging billions through social benefits fraud, they don't even attempt to recover most of it as they don't have the manpower
Look at the VAT fraud in Europe, billions lost, virtually nobody arrested
https://en.wikipedia.org/wiki/Missing_trader_fraud
> Notwithstanding these measures, MTIC fraud remains a problem for the EU. As at November 2018, calculations estimating the annual costs of the fraud range from €20 billion up to more than €100 billion (depending on methodology adopted).[21] An EU Parliament study in October 2018 found that MTIC/carousel fraud is the most damaging type of cross-border VAT fraud with an estimated €50 billion losses on average per year.
France is also hemorrhaging billions through social benefits fraud, they don't even attempt to recover most of it as they don't have the manpower
https://fr.wikipedia.org/wiki/Fraude_sociale_en_France