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How the Italian mafia is targeting Europe's crisis recovery fund thetelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetelegraph.com Daily Mail and Mail on Sunday newspapers.
Italian mafia targets Europe's crisis recovery fund bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
How the Italian Mafia Is Targeting Europe’s Crisis Recovery Fund Bloomberg 4/03/2021 John Follain and Alessandra Migliaccio (Bloomberg) Criminal enterprises like their legitimate counterparts have suffered during the pandemic-induced economic crisis. But the Italian mafia has already laid the foundation for a massive payday. Last year, when countries were seized by lockdowns, the mafia started infiltrating cash-starved companies in a bid to siphon money from the European Union’s recovery fund and the 1.8 trillion euros ($2.2 trillion) that will, in part, start flowing to struggling firms later this year, according to Maurizio Vallone, Italy’s top investigator on organized crime. ....
Criminal enterprises like their legitimate counterparts have suffered during the pandemic-induced economic crisis. But the Italian mafia has already laid the foundation for a massive payday. Last year, when countries were seized by lockdowns, the mafia started infiltrating cash-starved companies in a bid to siphon money from the European Union’s recovery fund and the 1.8 trillion euros (US$2.2 trillion) that will, in part, start flowing to struggling firms later this year, according to Maurizio Vallone, Italy’s top investigator on organized crime. ....
Mafia banks on big money from EU economic aid businesslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesslive.co.za Daily Mail and Mail on Sunday newspapers.