Vatican Monsignor Arrested time that is second Illicit Financial Dealings

Vatican Monsignor Arrested time that is second Illicit Financial Dealings

Monsignor Nunzio Scarano has some ‘splainin’ to accomplish after a arrest that is second Vatican funds (Image: AP)

You dead wrong whenever you think you’ve heard the craziest embezzlement story in the history of man, along comes another one to prove. Such is the truth of the Vatican monsignor already awaiting trial on fees of plotting to smuggle 20 million euros ($30.8 million) into Italy out of Switzerland, mind you whom has been charged individually for presumably utilizing his access to Vatican bank accounts to launder money.

Millions of Euros Moved Around

Referred to as ‘Monsignor 500’ because that is apparently his favorite money denomination, Monsignor Nunzio Scarano had been arrested by financial authorities in Salerno in the south of Italy, after police say he utilized fictitious donations from overseas organizations to go millions of euros through his Vatican Institute for Religious Works accounts.

When police caught up with Salerno the other day, they certainly were able to confiscate 6.5 million euros worth of bank accounts and genuine estate holdings, including a luxury condo occupied by Salerno himself that was decked out with costly artwork and collectibles.

Along with Salerno, a local priest was placed under house arrest while a notary public received a suspension for their alleged roles into the money-laundering scheme. But evidently the tentacles were far-reaching on this episode; au (más…)