Smugglers Worldwide

Pages

Search This Blog

DISCLAIMER
Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder

Monday 27 September 2010

The Associated Press: In Italy mobsters use lotto to launder dirty cash

The Associated Press: In Italy mobsters use lotto to launder dirty cash: "Police say Italian mobsters are buying winning lotto tickets to launder millions of euros (dollars) in cocaine profits.
Carabinieri investigators in southern Calabria said Thursday that an euro8 million winning ticket in the national Superenalotto numbers game was sold in a smokeshop owned by the father-in-law of a suspect jailed in a drug probe.
Police said the 'ndrangheta offered the anonymous holder of the ticket euro8 million or a little less in dirty money. The winner avoided taxes on interest due had the windfall been deposited in a bank. The mobsters got an excuse to open a mega-account.
Italian law requires those making big deposits to prove the funds aren't illegal. Police seized millions of euros worth of assets from the jailed mob suspect."

0 comments:

Related Posts Plugin for WordPress, Blogger...