Author Topic: Vatican Monsignor Arrested for money laundering  (Read 719 times)

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Offline rustybayonet

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Vatican Monsignor Arrested for money laundering
« on: January 21, 2014, 02:37:58 PM »
 A Vatican monsignor already on trial for allegedly plotting to smuggle 20 million euros ($26 million) from Switzerland to Italy was arrested Tuesday in a separate case for allegedly using his Vatican bank accounts to launder money.

Financial police in the southern Italian city of Salerno said Monsignor Nunzio Scarano, dubbed "Monsignor 500" for his purported favored banknotes, had transferred millions of euros in fictitious donations from offshore companies through his accounts at the Vatican's Institute for Religious Works.

Acting on evidence provided by the Vatican bank, police said they seized 6.5 million euros in real estate and assets in Italian bank accounts Tuesday, including Scarano's luxurious Salerno apartment, filled with gilt-framed oil paintings, ceramic vases and other fancy antiques.

A local priest was also placed under house arrest and a notary public was suspended for alleged involvement in the money-laundering plot. Police said in all, 52 people were under investigation.

Full story from AP

http://abcnews.go.com/Health/wireStory/italy-police-arrest-vatican-monsignor-21606360#channel=f121e38e201e59&channel_path=%2Fassets%2Fstatic%2Fperm_cache%2Fchannel.html%3Ffb_xd_fragment%23xd_sig%3Df1dcca2eb227e1%26&origin=http%3A%2F%2Fabcnews.go.com

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Offline AlanS

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Re: Vatican Monsignor Arrested for money laundering
« Reply #1 on: January 21, 2014, 08:42:11 PM »
I figured his name was Guido Sarducci.
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Offline Libertas

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Re: Vatican Monsignor Arrested for money laundering
« Reply #2 on: January 22, 2014, 07:54:13 AM »
Nunzio.  Monsignor 500.  Fictitious donations.  Offshore accounts.  I bet we just found out who really knocked up that Nun!   

Sounds like a Scorcese flick in the making.
We are now where The Founders were when they faced despotism.