Italian Police Seize $2 Billion From Mafia

Matthew 24:10,11 Then he said to them: “Nation will rise against nation, and kingdom against kingdom. There will be great earthquakes, famines and pestilences in various places, and fearful events and great signs from heaven.

Italian police announced a huge step forward in their fight against organized crime in their nation.

A police sting against the ‘Ndrangheta mafia, the crime syndicate which controls much of the cocaine trade across Europe, seized assets worth over 2 billion euros or over $2.2 billion American dollars.

“[This is] a serious blow to the ‘Ndrangheta,” Italy’s interior minister Angelino Alfrano told the BBC.

Police seized at least 1,500 betting parlors, 82 gambling websites, 45 Italian companies and 11 foreign companies under the mafia’s control.  Six of those companies were in Malta according to investigators.

“[The suspects] recycled an enormous amount of ‘dirty’ money through the use of gaming accounts assigned to willing or unwitting people,” a police statement read.  “They bypassed the laws governing this sector, accumulating significant profits that were then reinvested in the acquisition of new companies and licences to further expand their activities.”

It’s the second major seizure by police in the last two weeks.  Two weeks prior, they seized more than 1.6 billion euros in assets from five men suspected of links to the mafia.

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