A 44-year-old luxury car dealer from the Turin area, operating in Desenzano del Garda, has been arrested by the Financial Police for aggravated fraud against the state and money laundering. The entrepreneur allegedly obtained illicit financing of approximately 700,000 euros through inflated balance sheets and straw men, while also receiving citizenship income without being entitled to it. During the operation, assets worth a total of 1.7 million euros were seized, including vehicles returned to their rightful owners valued at over 350,000 euros.
The investigation was initiated following a complaint for embezzlement filed by a dealer against the entrepreneur. Formally considered “impoverished” and with significant criminal records, the suspect transferred large sums between personal accounts and those of straw men to maintain a high standard of living, using the illegally obtained funds to purchase high-end vehicles. The Preliminary Investigating Judge ordered the suspect’s detention and additional seizures related to tax crimes and bankruptcy.
Italian Version
