News Bank of Italy Cracks Down on Mafia Money Laundering in Crisis

Bank of Italy Cracks Down on Mafia Money Laundering in Crisis

Posted by Author on in News 49
Bank of Italy Cracks Down on Mafia Money Laundering in Crisis

The mafia has cranked up money laundering activities in Italy after the credit crunch prompted banks to stop lending, leaving a funding gap that criminal capital has filled, according to the Bank of Italy.

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