#TRUTH FOR ANGELO VASSALLO
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Fraudulent bankruptcy of 16 million: two professionals banned for a year

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Two professionals resident in the province of Avellino they were banned, for a period of one year, from carrying out business activities and holding managerial positions.

For one of them, the ban also concerns the profession of statutory auditor. The precautionary measure was ordered by the Court of Review of Naples and executed by the Economic-Financial Police Unit of the Guardia di Finanza of Benevento, on the instructions of the Chief Prosecutor Gianfranco Scarfò.

The two professionals are being investigated for fraudulent bankruptcy and self-laundering. The investigation stems from the bankruptcy, which occurred in 2021, of a company based in Rome, operating in the polymer, oil and fuel trade sector, with liabilities of over 16 million euros. The company was born from a previous company based in Montesarchio (Benevento), active in the maintenance of parks, waste collection and transport.

The investigations of the Guardia di Finanza brought to light a series of corporate and financial operations that took place after the disbursement of a public loan of 2 million euros, destined for the company that later went bankrupt.

Of this sum, 700 thousand euros were allegedly used for the fictitious purchase of an industrial plant in Montesarchio, which was subsequently transferred to another company linked to the same suspects.

The investigation continues to ascertain further responsibilities and the fate of the misappropriated sums.


Article published on March 21, 2025 - 14pm


1 comment

  1. I find the situation very complex and difficult to understand, there is a lot of information to analyze. It is important that justice takes its course and clarifies all the details of this story, let's hope that clarity is made.

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