#TRUTH FOR ANGELO VASSALLO
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Naples – Major seizure by the Guardia di Finanza as part of an investigation into money laundering and fraudulent bankruptcy: the military of the Economic-Financial Police Unit of Naples have executed a preventive seizure order, issued by the GIP of the Court of Naples at the request of the Neapolitan Prosecutor's Office, sealing four prestigious properties located in Naples, Massa Lubrense and Crotone, as well as shares in ten companies, for a total value of over 2,3 million euros.

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The investigations revealed a complex mechanism of Recycling of the proceeds from the diversion of the assets of a company active in the sector of renewable energy. Despite being in liquidation and in bankruptcy, the company continued to operate from 2016 al 2022, gradually emptying their coffers through fraudulent operations.

In particular, the liquidator of the company took over the wife and daughter, guaranteeing them high salaries, respectively 12.300 and 5.700 euros per month, in addition to the entry bonus of 50 thousand and 30 thousand euros. Furthermore, he entered into maintenance contracts with a company attributable to him, incurring unjustified costs and entrusting the work to third parties. Other suspicious transactions include the payment of restoration work for thefts never reported and bank transfers for over 2 million euro intended for their own family unit with fictitious reasons.

The previous seizure and the attempt to hide the funds

Already inOctober 2023, the same company had been the subject of a first preventive seizure for a value of 4,2 million euro, equal to the profit of the crime of fraudulent bankruptcy. Further investigations revealed that the suspects, immediately after receiving the sums illegally stolen, attempted to conceal their origin through transfers to associated companies, investments in luxury goods and the purchase, renovation and furnishing of luxury properties.


Article published on March 25, 2025 - 11pm

Comments

  1. It is incredible that there are people who exploit the system in this way. I do not understand how they can continue to operate despite the economic problems of their company. They must be severely punished.

  2. This is not the first time we hear about situations like this. Justice must intervene more quickly to stop these incorrect behaviors and protect the local economy from further damage.

  3. The situation is worrying, investigations must go deeper to discover all the details and those responsible for this huge fraud. It is important to protect the interests of honest citizens.

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