money laundering

money laundering

Prosecutors deny AC Milan money laundering investigation

Italian prosecutors have denied media reports that they have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money laundering purposes.

Turkey

Bologna prosecutors drop case against Erdogan's son

Italian prosecutors have dropped a case against the son of Turkish President Recep Tayyip Erdogan for money laundering, they announced on Wednesday.

money laundering

Police stop men with billions of fake bonds

Vatican police on Saturday apprehended an American and a Dutch man who were trying to deposit billions of euros and US dollars in fake bonds in the Vatican bank.

money laundering

Ex-Vatican bank chiefs in money laundering trial

Italian prosecutors on Friday said two former top executives at the Vatican bank will go on trial for money laundering, while the bank's ex-chairman was declared innocent.

germany

Germany cracks down on Italian mafia

German police on Tuesday raided 20 sites nationwide in a crackdown on suspected money laundering for the Italian 'Ndrangheta mafia syndicate involving a major wind energy project, prosecutors said.

fraud

Arrested cleric 'strongly reaffirms his morality'

A senior Catholic cleric arrested as part of a sweeping probe of the scandal-plagued Vatican bank rejected accusations of money-laundering and corruption on Monday, Italian media reported.

bank

Pope Francis sets up Vatican bank inquiry

Pope Francis has set up an inquiry into the activities of the Vatican bank, which has been embroiled by allegations of money-laundering, according to a statement from the Vatican.