More than 5,000 companies were formed over the last year by Chinese nationals using addresses in Northern Ireland where the home, business owners or residents are believed to have no connection to the companies.

Companies using addresses across the north, some fictitious, are trading on sites like Amazon but are using historically lax registration rules likely as part of some type of VAT fraud and to evade potential tax liabilities, according to a leading fraud expert.

https://www.msn.com/en-gb/money/other/fraud-warning-after-5000-firms-started-in-last-year-by-chinese-nationals-using-northern-ireland-addresses/ar-BB1hcepB