Brescia: Fraud, bankruptcy and self-laundering, 6,7 million euros seized
Executed 3 personal precautionary measures for aggravated fraud for obtaining public funds, bankruptcy, false corporate communications and self-laundering.
Brescia: Fraud, bankruptcy and self-laundering, 6,7 million euros seized
At the end of a complex investigation, the Economic and Financial Police Unit of Brescia, coordinated by the local Public Prosecutor's Office, is executing an order issued by the GIP of the Court of Brescia, relating to 3 personal precautionary measures and seizure of approximately 6.700.000 euros, in relation to the crimes of aggravated fraud for obtaining public funds, bankruptcy, self-laundering and false corporate communications.
The investigative activities have allowed us to detect multiple illegal conducts attributed to a Brescia agent of a financial intermediary, who, with the help of a collaborator and the legal representative of a company, would have allowed the latter to benefit from three loans supported – for the most part – by the Central Guarantee Fund for SMEs of Mediocredito Centrale.
The aforementioned funding, obtained through the production of false documentation and alteration of the applicant company's balance sheets, would have been partly transferred to the current accounts available to the aforementioned agent, through bank transfers justified by inconsistent commercial operations. In particular, the same, although formally unrelated to the management of the company receiving the loans, would have substantially taken over its administration and would have worked in the preparation of unreliable documentation (invoices, business plans, balance sheets), in order to demonstrate financial and equity solidity.
The precautionary measure was issued by the Judge on the basis of the circumstantial evidence currently acquired. Therefore, pending the finality of the judgment, the presumption of innocence of the suspects exists.
It was also verified that the company receiving the financing was in a serious situation of financial crisis, not emerging in the balance sheets presented to the credit institution and which then led to the initiation of a procedure liquidation in 2023.
At the same time, as part of another investigative line, military personnel from the Economic and Financial Police Unit of Como, under the direction of the Public Prosecutor's Office at the Court of Monza, are proceeding, on November 5, with the execution of precautionary measures for similar incidents against other individuals, including the aforementioned Brescian agent.
I'm in progress searches towards various subjects including natural and legal persons.
The Brescia yellow flames are also carrying out a search at the Milan office of the aforementioned intermediary, who was asked to exhibit the company's organizational model, in order to assess any profiles of administrative liability pursuant to Legislative Decree 231/2001.
Investigations are continuing to assess the regularity of further financing granted with mechanisms deemed fraudulent.
Furthermore, there are ongoing checks on the extent of the damage suffered by the Treasury, guarantor for 80% of the credit granted, in the event of default by the beneficiary companies.
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