Wednesday 3 November 2021 – 10:21
Milan, 3 million seized from a businessman convicted of bankruptcy
Including 11 properties and land in the province of Novara and Catanzaro
Milan, 3 Nov. (askanews) – The military of the provincial command of the Milan Finance Police have carried out a preventive seizure ordered by the Milan Court, autonomous section of prevention measures, on assets worth over 3 million euros, including financial resources, 11 properties and 30 lands in the province of Novara and Catanzaro, against an Italian citizen as delegated by the Milan Public Prosecutor’s Office.
The investigation stems from the enhancement of investigative findings collected at the outcome of complex economic-financial investigations, conducted in the context of various criminal proceedings, by the military of the economic-financial police units of Milan and Imperia, against an operating entrepreneur in the distribution sector, already convicted with final sentences for fraudulent bankruptcy crimes, a total of fifteen years and three months of imprisonment by the Courts of Milan, Monza and Imperia.
In particular, the patrimonial investigations carried out by the financiers of the organized crime investigation group of the Pef nucleus of Milan, pursuant to the anti-mafia legislation, made it possible to reveal how the man, from 1983 to 2018, made huge investments directly or through his family members in the real estate field for amounts disproportionate to the declared income.
The application of the asset prevention measure was ordered following the outcome of complex investigations, which required, among other things, the execution of detailed bank investigations, aimed at ascertaining the origin of the funds used, as well as the analysis of extensive accounting and corporate documentation referring to all the legal entities involved, in order to reconstruct the operations underlying the real estate and financial investments conducted by the proposed also through formal holders.