Bellinzona, Ticino, Switzerland (TSR, Fre) – More than CHF1 billion laundered in Switzerland, the profits from contraband cigarettes that went from Switzerlnd to Italy via Montenegro in Switzerland: the trial opens 1 April of 10 people charged with money laundering, the largest organized crime trial in Switzerland.
The smuggling operation took place from 1996 to 2000 and involves some 215 million cartons of cigarettes delivered to Italy, where the government has a monopoly. The money for the cigarettes was reportedly linked to arms sales and drug-dealing. Background, Tobacco
Posted by Ellen Wallace on 1 April 2009 at 11:02 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 1 April 2009.
Filed under: Society
Tags: cigarettes, Italy, Mafia, money laundering, Montenegro, smuggling, Switzerland, tobacco
We are happy to have your comments, which are approved before they appear: please remember to be courteous and brief. We accept only comments directly related to an article. We do not accept comment spam - messages sent to more than one site. We do not publish comments if the e-mail address is not legitimate. Thank you!