The Economic and Financial Police Unit of the Gdf of Milan carried out a preventive seizure of 4 million euros against the former president of the Chamber Irene Pivetti and his consultant, among the suspects for money laundering and tax fraud in an investigation by the prosecutor Giovanni Tarzia on a series of commercial transactions, in particular the purchase and sale of 3 Ferrari Gran Turismo, which would have been used to launder the proceeds of tax evasion.
The same accusations are also contested, among others, against the pilot Leonardo Leo Isolani, his wife and daughter. The sum seized coincides with the profit of the alleged crimes.
The investigation, in which self-laundering is also disputed, assumes the intermediary role of the Only Italia group, chaired by Irene Pivetti, in operations of the Isolani companies to hide certain assets from the tax authorities, including the three Ferraris, one of which it was seized by the Fiamme Gialle some time ago. According to the reconstruction that emerged from the investigations, the facts date back to 2016. Isolani, who has his own ‘racing team’, allegedly sold all the assets (equipment, brand and website) of one of his companies indebted to the tax authorities for several million euros in order to empty it. Goods that would go to another company of his based in San Marino, which would have sold all the assets again, plus the three Ferraris, to a Hong Kong company referable to Pivetti. The latter company which, later, would have resold the assets again to the Daohe Group, of the Chinese tycoon Zhou Xi Jian. The sale was celebrated with an event at Palazzo Brancaccio in Rome organized by the former Northern League exponent. A notary and two entrepreneurs (one of which is Chinese) are also involved in the various stages of the recycling operation. There are seven suspects in all. On 9 June last year there had been searches and in the following October a 1.2 million seizure against the pilot. Today’s seizure was issued urgently by the prosecutor Tarzia and concerns 3.5 million euros as a profit from tax fraud and approximately 500,000 euros as a profit from the laundering of criminal proceeds from tax evasion
In addition to the preventive seizure of 4 million euros, the Economic and Financial Police Unit of the Milanese Gdf notified the notices of the conclusion of the investigation, coordinated by the Prosecutor Giovanni Tarzia and in view of the request for indictment, against the former president of the Camera Irene Pivetti, the rally driver Leonardo Leo Isolani and 5 other people. The investigation focuses on a series of commercial transactions, in particular, the purchase and sale of three Ferrari Gran Turismo, which would have been used to ‘clean up’ the proceeds of tax evasion. Tax crimes, money laundering and self-laundering are contested.
The preventive seizure was issued as a matter of urgency for tax crimes, money laundering and self-laundering: 3.5 million euros as “profit from tax fraud” and 500 thousand euros “as a profit from the conduct of money laundering” of the evasion. The investigations revealed revenues of “about 8 million euros” made through the sale and purchase of Ferraris in particular and “subtracted from taxation in Italy through the fictitious interposition of foreign corporate vehicles”. In addition to diverting “taxable income” in Italy to Hong Kong, the investigators explain, the assets of a company active in the automotive sector, which belonged to Isolani, a former Gran Turismo champion, would have been subtracted from the “compulsory collection procedures for debts unpaid tax liabilities, amounting to over 5 million euros “. The company compendium of the company debtor of the Treasury was mainly composed of the three racing Ferraris “worth a total of over € 1 million”, for which there was already a preventive seizure in October 2020. The investigations have been extended , in recent months, to “dozens of foreign jurisdictions” through letters rogatory (to Hong Kong, China, Macao, Switzerland, San Marino, Malta, Monaco, Great Britain, Poland and Spain), and it emerged that “part of the profit from the fraud tax “had been moved” always foreign to foreign “. Isolani’s wife Emanuela Mascoli and her daughter Giorgia Giovannelli are also being investigated in the investigation.
.
Source From: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
