Gianluigi Torzi, Italian Broker for Vatican’s London Property, Arrested in UK
Torzi is one of several figures under investigation by Vatican City State prosecutors in connection with multiple financial scandals involving the Secretariat of State.
Results from Tag: 'london property deal'
Report: Vatican Considering Sale of London Property at Heart of Financial Scandal
This month, an Italian judge issued an arrest warrant for Torzi based on an investigation by police in Rome into suspected fraudulent billing, money laundering, and other financial crimes in collaboration with three of his associates.
Cardinal Parolin Letter Not a ‘Smoking Gun’ Regarding Failed Vatican Property Deal
Sources tell the Register that the March 2019 letter the Vatican secretary of state sent to the president of the Vatican Bank appears to be a justifiable action intended to stem further losses on the property transaction.
Vatican Investments Linked to Global Money Laundering Investigations
Italian newspaper Corriere della Serra reported that the Centurion Global Fund has raised around 70 million euro in cash, and that the Holy See’s Secretariat of State is the source of at least two-thirds of the fund’s assets.
