Monsignor Nunzio Scarano has some ‘splainin’ to do after having a arrest that is second Vatican funds (Image: AP)
Whenever you think you have heard the craziest embezzlement story into the reputation for guy, along comes another one to show you dead incorrect. Such is the case of a Vatican monsignor trial that is already awaiting costs of plotting to smuggle 20 million euros ($30.8 million) into Italy out of Switzerland, brain you who has now been charged separately for presumably making use of their access to Vatican bank accounts to launder money.
Millions of Euros Moved Around
Referred to as ‘Monsignor 500’ because that is apparently his cash that is favorite denomination Monsignor Nunzio Scarano was arrested by monetary authorities in Salerno into the south of Italy, after police say he used fictitious donations from overseas companies to move millions of euros through his Vatican Institute for Religious Functions accounts.
When police caught up with Salerno a week ago, they certainly were able to confiscate 6.5 million euros well worth of bank accounts and real estate holdings, including a luxury condo occupied by Salerno himself that was decked out with expensive artwork and antiques.
Along with Salerno, a local priest was placed under house arrest while a notary public received a suspension for their alleged functions in the money-laundering scheme. But evidently the tentacles were far-reachingRead More