(GdF)

Italian Authorities Seize €400 Million from Maltese Gambling Company

Italian law enforcement has confiscated assets valued at approximately €400 million from a Malta-registered gambling operator. An international investigation uncovered links between the accused party and mafia entities engaged in fraudulent activities within the online gambling sector.

While the organization's headquarters were situated in the Italian city of Reggio Calabria, its influence extended well beyond Italy. Investigators revealed that the organization maintained offices in Malta, Romania, Austria, and Spain. Local businesses in these regions were allegedly complicit in facilitating the illicit collection of funds, aiding in the laundering of substantial amounts.

The Italian authorities became aware of the operator's existence when the income data of a crime boss, detained by the carabinieri, did not align with the money discovered on his person during a search. This discrepancy provided grounds for the court to issue a warrant, enabling the seizure of assets associated with three companies in the gambling industry linked to the suspect.

2 February 2024, 11:50

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