In Part 1 of a series, Italian newspaper Corriere della Sera on 24th April reported in a comprehensive article how illegal gambling used to provide funds for mafia bosses in hiding.  Every game played on slot machines in the arcades of businessman Carlo Cattaneo guaranteed the boss of Cosa Nostra the money he needed to stay in hiding.  The businessman had also set up a parallel illegal gambling system inside his arcades which even investigators found difficult to detect, since it used the same computers authorised by the state monopoly. He had his programmers install a small banner on the screen, which was apparently insignificant, but for those who knew how the mechanism worked, served as a gateway to offshore platforms.  This meant zero taxation in Italy and money laundering opportunities.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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