Swiss national under investigation for fraudulent bankruptcy in Italy
Select your language
Generated with artificial intelligence.
Listening:
Swiss national under investigation for fraudulent bankruptcy in Italy
The Guardia di Finanza (Italy’s financial police) is investigating a Swiss national and three other individuals for fraudulent bankruptcy.
As a precautionary measure, a court in Rimini has ordered the confiscation of 41 properties, including offices, industrial plants and land worth € 17 million (CHF16 million).
+Get the most important news from Switzerland in your inbox
The four suspects include three financial advisors with offices in Switzerland and the United Arab Emirates. They also have multiple offices around Italy, including in Rome, Rimini and Cosenza.
The investigations led to the disruption of a criminal plan aimed at stealing the entire real estate assets of a company in Rimini which is currently undergoing judicial liquidation. The company in question, Melograno, operates in the wholesale trade of fruit and vegetables for large-scale distribution companies.
+France and Switzerland play hot potato over taxes
Melograno is a historic company from Santarcangelo founded in 1987 by Claudio Coli. It specialises in the production of “fourth range” fruit and vegetables, produce which goes through post-harvest washing, preparing, as well as other food products, including fruit juices.
On June 27, 2023, the company had suddenly decided to suspend operations without explanation to its 72 employees.
+Will a drastic hike in Swiss inheritance tax lead to an exodus of billionaires?
“I am convinced that I can prove that my client has nothing to do with the disputed facts,” said lawyer Nicoletta Gagliani, who is defending Coli, director of the Melograno company. “In this sense, we have already filed documents with the prosecutor’s office to prove that he has nothing to do with the disputed facts,” the lawyer stated.
Adapted from German by DeepL/amva
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.