Saturday, 20 December 2014

Italy arrest 18 over China bank transfers via British company

TRADE WARS
Italy arrest 18 over China bank transfers via British company
Rome (AFP) Dec 17, 2014 - Italy's financial police on Wednesday arrested 18 people suspected of making illicit cash transfers totalling more than a billion euros, most of them to China through a British company. The suspects are accused of having laundered profits from the import of counterfeit goods made in China through money-transfer agencies, defrauding the tax authorities in the process, the police said. The ... more


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