Rome, 29 Aug. (LaPresse) – The Brescia Economic and Financial Police Unit has confiscated approximately 570,000 euros from a man from Brescia, who held the funds in several bank accounts in Croatia; these funds are now being transferred to Italy by the Croatian judicial authorities. The recipient of today’s order was a co-defendant, in the same criminal proceedings, alongside another man from Brescia, from whom, in recent months, approximately €400,000 had already been confiscated from various Croatian bank accounts. The order forms part of an investigation that has led to the identification and dismantling of a criminal organisation dedicated to committing tax offences, the proceeds of which were laundered abroad via money transfers to the aforementioned bank accounts, held in the names of shell companies or complicit individuals, ‘front men’ whose accounts were systematically emptied through cash withdrawals and ‘repatriated’ by car. Subsequent developments in the proceedings, in light of the evidence gathered, led to a conviction—including for the recipient of the confiscation order executed in recent days—to six years and six months’ imprisonment, as well as the issuance of a definitive confiscation order, resulting in the confiscation of the sums constituting the proceeds of the offences of criminal association, the issuing of invoices for non-existent transactions, the improper offsetting of tax credits and self-laundering.
Brescia: organised crime and false invoices – the Gdf seizes 570,000 euros
Rome, 29 Aug. (LaPresse) – The Brescia Economic and Financial Police Unit has confiscated approximately 570,000 euros from a man from Brescia, who held the funds in several bank accounts in Croatia; these funds are now being transferred to Italy by the Croatian judicial authorities. The recipient of today’s order was a co-defendant, in the same criminal proceedings, alongside another man from Brescia, from whom, in recent months, approximately €400,000 had already been confiscated from various Croatian bank accounts. The order forms part of an investigation that has led to the identification and dismantling of a criminal organisation dedicated to committing tax offences, the proceeds of which were laundered abroad via money transfers to the aforementioned bank accounts, held in the names of shell companies or complicit individuals, ‘front men’ whose accounts were systematically emptied through cash withdrawals and ‘repatriated’ by car. Subsequent developments in the proceedings, in light of the evidence gathered, led to a conviction—including for the recipient of the confiscation order executed in recent days—to six years and six months’ imprisonment, as well as the issuance of a definitive confiscation order, resulting in the confiscation of the sums constituting the proceeds of the offences of criminal association, the issuing of invoices for non-existent transactions, the improper offsetting of tax credits and self-laundering.