Nine arrested in €30m fraud linked to Florence Cathedral
Police on Thursday arrested nine people in an investigation into alleged fraud against the non-profit organisation that manages Florence Cathedral.
Continue Reading
Tag: money laundering
Mafia money laundering ring uncovered
Rome DDA anti-mafia investigators have uncovered a major money laundering operation linked to crime syndicates in the Italian capital.
Continue Reading
Italy uncovers Chinese shadow banks fraud
Italian authorities announced on Thursday the discovery of a tax fraud scheme involving 85 suspects and a staggering €1.7billion in false invoices. The intricate operation utilised a network of so-called Chinese shadow banks for money laundering.
Continue Reading