Police said their surveillance showed that when the money showed up in China, an Italian businessmen received huge bundles of cash back in Italy. On one occasion, €200,000 in cash was handed over in a plastic shopping bag. File photo: AFP Police said their surveillance showed that when the money showed up in China, an Italian businessmen received huge bundles of cash back in Italy. On one occasion, €200,000 in cash was handed over in a plastic shopping bag. File photo: AFP
Police said their surveillance showed that when the money showed up in China, an Italian businessmen received huge bundles of cash back in Italy. On one occasion, €200,000 in cash was handed over in a plastic shopping bag. File photo: AFP
Italy
World /  Europe

Italy busts Chinese money laundering operation

  • Three-year investigation uncovers huge Italian-Chinese criminal enterprise
  • Italian police said they made five arrests and seized US$80 million

Topic |   Italy
Reuters
Reuters

Updated: 3:07pm, 17 Jun, 2021

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Police said their surveillance showed that when the money showed up in China, an Italian businessmen received huge bundles of cash back in Italy. On one occasion, €200,000 in cash was handed over in a plastic shopping bag. File photo: AFP Police said their surveillance showed that when the money showed up in China, an Italian businessmen received huge bundles of cash back in Italy. On one occasion, €200,000 in cash was handed over in a plastic shopping bag. File photo: AFP
Police said their surveillance showed that when the money showed up in China, an Italian businessmen received huge bundles of cash back in Italy. On one occasion, €200,000 in cash was handed over in a plastic shopping bag. File photo: AFP
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