When alleged mafia money launderer Antonio Righi wanted to do shady deals out of sight, it was to London, not just Naples, that he turned to hide his trail, according to Italian prosecutors. Righi — aka Tonino the Blond — is standing trial over claims that he laundered ill-gotten cash for the feared Camorra crime […]

CASE 1 It has been reported that Bloomberg reported = Swiss prosecutors have charged an ex-Credit Suisse wealth manager with fraud, misappropriation and criminal mismanagement, Reuters said = The bank also faces a money laundering probe in Italy, Wall Street Journal, Financial Times and Georgia Today = Prosecutors cannot release the wealth manager’s name under […]

Italy’s internal revenue service may levy taxes on the illegal earnings of over a dozen suspects in the multi-million-euro MOSE corruption case, sources said Tuesday. Prosecutors are looking at allegations that 25 million euros in taxpayer money was funneled into political campaigns and away from MOSE, a 5.5-billion-euro system of retractable dikes set to become […]

Enforcement Directorate (ED) today (nov 20 2014) filed its first charge sheet in a Delhi court against businessman Gautam Khaitan and others, including two Italian nationals, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal. The charge sheet was filed before District Judge IS Mehta who marked the file […]