San Marino, 4 million euros and 3 Ferraris seized from the former president of the Chamber Irene Pivetti
Three Ferraris and 4 million euros seized as a preventive measure from the former president of the Pivetti Chamber and the former Isolani driver. There are several disputed crimes from tax to money laundering, passing through self-laundering.
The complex investigation conducted by the Guardia di Finanza and the Milan Prosecutor’s Office assumes the intermediary role of the Only Italia group, chaired by Irene Pivetti, in the operations of the Isolani companies for hiding certain assets from the tax authorities, including the three Ferraris.
The facts in 2016 when Isolani, at the helm of his “racing team”, sold the assets of one of his companies that were indebted to the tax authorities for several million euros in order to “empty” it. The assets would go to another company of his based in San Marino, which would then, as in a sleight of hand, factor every trace, selling everything, including the 3 Rosse di Maranello, to a Hong Kong company attributable to Irene Pivetti. . A company that in turn would have resold the assets to the Daohe Group, owned by the Chinese tycoon Zhou Xi Jian.
A notary and two entrepreneurs are also involved in the scam. The total number of suspects is seven. Already in June 2020 there had been searches and in the following October a 1.2 million seizure against the pilot.
Yesterday’s kidnapping was issued by prosecutor Tarzia. 3.5 million euros were targeted as a profit from tax fraud as well as approximately 500 thousand euros as a profit from sales of laundering the proceeds of tax evasion.
From the amounts of the millions of resulting assessments finished about 8 million euros not only made through the sale of luxury cars, but “subtracted from taxation in Italy through the fictitious interposition of foreign corporate vehicles”. To end up in the finite crosshairs of foreign jurisdictions through letters rogatory directed to Hong Kong, Spain, China, Macao, Switzerland, Malta, Monaco, Great Britain, Poland. After all, it was immediately clear to the investigators that “part of the profit from tax fraud” had always been diverted from abroad to abroad.