Brescia Financial Police Uncover Money Transfer and Construction Sector Fraud

The Guardia di Finanza of Brescia has conducted two recent operations targeting financial crimes. One investigation uncovered a money transfer operator involved in over 500 transactions worth approximately €1 million, primarily sent to Asian countries, with evidence of smurfing and inadequate customer verification, risking fines up to €70,000.

Simultaneously, authorities in Rovato concluded an audit exposing a €250 million fake invoicing scheme within the construction sector, linked to over €96 million in money laundering via underground banking. The probe involved 25 individuals and identified illicit transfers exceeding €9 million, processed through cash transactions and intermediaries.
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