FX.co ★ High-ranking Vatican official suspected of laundering €20 mln

Monsignor Nunzio Scarano, the Bank of Vatican accountant and bishop of Salerno, has been arrested on the case of large-scale fraud. The Italian prelate is accused of bringing the sum to the tune of €20 million from Switzerland. His accomplices, broker Giovanni Carenzio and Italian intelligence officer Giovanni Maria Zito, were also taken into custody.
According to the investigation, Msgr Scarano convinced Mr Carenzio of giving back money totaling €20 million, which previously were handed over to the broker. Mr Zito, in his turn, carried the money over the border in a governmental plane, evading customs and tax controls.
That is the second accusation of money laundering against Msgr Scarano. He is also on suspicion of withdrawal of €560,000 from his account with the Bank of Vatican and transferring it into Italy to pay a mortgage on his Salerno home in 2009.