#TRUTH FOR ANGELO VASSALLO
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Camorra, maxi seizure of 300 million euros from entrepreneur

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The Civil and Criminal Court of Naples, Section for the Application of Preventive Measures, has ordered the confiscation of a large amount of assets, estimated at over 294 million euros, consisting of movable and immovable property.

The measure stems from a complex investigation conducted by the Economic and Financial Police Units of the Guardia di Finanza of Naples and Bologna, in collaboration with the Central Organized Crime Investigation Service, which targeted a Campania entrepreneur accused of money laundering and fictitious registration of assets, crimes confirmed by a final sentence.

The investigations, enriched by the converging testimonies of five collaborators of justice, have revealed a consolidated criminal system, which continued for years, in which the entrepreneur would have operated in close synergy with leading figures of Camorra clans such as Mallardo, Di Lauro, Scissionisti, Puca, Aversano, Verde and Perfetto.

The illicit activities would have developed in various commercial sectors, with a particular focus on real estate investments, affecting regions such as Emilia-Romagna, Campania, Lazio, Sardinia and Molise.

The entrepreneur was in the service of as many as 5 clans

Investigators also discovered a systematic system of tax evasion, with huge sums of money stolen from the tax office and subsequently reinvested in commercial operations and construction projects. Finally, a clear disproportion emerged between the income declared by the entrepreneur and his family and the impressive wealth accumulated.

On the basis of this evidence, the Court of Naples ordered the first-degree confiscation of a vast list of assets: 18 companies, 9 motor vehicles, 21 financial relationships and 631 properties and lands, distributed in the provinces of Bologna, Ravenna, Naples, Benevento, Caserta, Latina, Sassari and Campobasso.

A severe blow to the criminal-economic system that, according to investigators, has prospered for decades thanks to connections between organized crime and apparently legal business activities.

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Article published on March 21, 2025 - 08pm



1 comment

  1. It is a very complex situation that highlights how the underworld manages to infiltrate legal sectors. I am curious to see what the consequences will be for the entrepreneur and for the companies involved in this affair. It is important that justice takes its course.

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