Mob Tried to Bilk International Banks Italy Says
May 27, 2009
Total Loss:
Unknown
Italian prosecutors today broke up an international ring led by the Sicilian Mafia that tried to use fake Venezuelan bonds to obtain credit lines totaling $2.2 billion from HSBC Holdings Plc, Bank of America Corp. and unidentified British banks, according to an arrest warrant.
Source:
Bloomberg.com
Posted in:
Collusive Networks