179 Probed Across Italy Over Alleged pound 100 Million Fraud

Reggio Emilia: Finance police in Reggio Emilia have uncovered an alleged tax fraud exceeding pound 100 million, orchestrated by a suspected criminal ring involving 400 real and fake businesses, investigative sources revealed on Thursday. Tax police have placed 179 people under investigation and conducted 91 search operations across Italy, spanning from Turin to Crotone, as part of the probe.

According to Ansa News Agency, the operation, dubbed ‘Ombromanto’, commenced on Thursday morning with searches conducted on 87 individuals and four companies across several Italian provinces, including 23 in the Reggio Emilia area. Investigators allege that the suspects are part of a criminal organization based in Reggio Emilia, responsible for a fiscal fraud amounting to nearly pound 104 million.

The suspected criminal ring is reported to have operated extensively in various locations, including Bologna, Piacenza, Parma, Modena, Rimini, Bolzano, Turin, Asti, Milan, Pavia, Monza, Verona, Perugia, Terni, Florence, Pisa, Pesaro, Rome, Rieti, Frosinone, Pescara, Naples, Caserta, Benevento, Taranto, Crotone, and Trapani. Investigative sources have detailed the widespread nature of the alleged fraud, highlighting the complexity and scale of the operation.