NAPLES – Luxury watches never delivered, phantom shipments to the NATO base in Gricignano d'Aversa, inflated bank accounts and a well-oiled system to evade taxes. The Court of Cassation has put the final seal on one of the most sophisticated fraudulent schemes of recent years: the seizure of over 21 million euros against Maria Rosaria Sticco and Antonio Peluso, former employees of Ferrari Spa and Malca-Amit Italy, has been confirmed.
The scam revolved around a fake international triangulation. The shipments, supposedly destined for the US Navy logistics center in Campania – a duty-free area – never actually made it past the base gates. Instead, the watches were distributed to compliant jewelers and retailers in Italy, especially Campania, where they ended up directly in the luxury market. All this, without paying a single euro in taxes.
The investigations conducted by the Guardia di Finanza have brought to light at least 64 suspicious transactions between 2020 and 2024. Some were set up while the two suspects were working for Ferrari Spa, the rest continued with the same meticulousness through Malca-Amit. Holding the system together, the systematic falsification of customs documents, the use of fictitious identities and a parallel network of selected clients.
The millionaire seizure – initially ordered by the investigating judge of Busto Arsizio and already examined by the Review Court – includes bank accounts, jewels, cash and real estate. The last attempt to block it failed in Supreme Court: according to the Supreme Court, the risk of asset loss was concrete, and the fraud plot was sufficiently proven to justify the freezing of the assets.
In short
NAPLES – Luxury watches never delivered, phantom shipments to the NATO base in Gricignano d'Aversa, inflated bank accounts, and a well-oiled system for evading taxes.
- The Court of Cassation has put the final seal on one of the most sophisticated fraudulent schemes of recent years: the seizure of…
- The scam revolved around a fake international triangulation.
- The shipments, apparently destined for the US Navy logistics center in Campania – a duty-free area – actually…
Key questions
What is the main point of the news?
NAPLES – Luxury watches never delivered, phantom shipments to the NATO base in Gricignano d'Aversa, inflated bank accounts, and a well-oiled system to circumvent…
Why is this news relevant?
The Court of Cassation has put the final seal on one of the most sophisticated fraudulent schemes of recent years: the seizure of…
Which detail helps us understand the case better?
The scam revolved around a fake international triangulation.
It is strange that this situation has only been understood now, but perhaps the authorities did not check it well before. There is a need for more attention on these cases to prevent fraud that damages the economy.