Police impound assets from Italian businessman

Florence (Italy), March 3 (IANS/AKI) Police in the Italian city of Florence impounded assets worth more than 3 million euros from a Calabrian businessman with alleged mafia links.

The assets included companies, real estate, vehicles, bank accounts and several well-known eateries, police said.

Using assumed names, the businessman laundered money for the Calabrian mafia by buying patisseries, bars, pizzerias and apartments in Florence, in the nearby town of Prato and in the southern city of Crotone, according to investigators.

The impounded businesses included the Caldana and Il Barco patisseries and the Pizzaman restaurant in Florence as well as the Becco d’Oca bar in Prati, according to police.

Drug trafficking, extortion and money-laundering rackets have in recent decades made the Calabrian mafia Italy’s wealthiest and most powerful criminal organisation.

It operates throughout Italy as well as in Europe but its influence and networks extend from Australia to North and South America.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here