Money laundering scheme involving EUR 4.5 million exposed

The Italian and German authorities, in collaboration with Eurojust, have uncovered a money laundering scheme involving the diversion and misuse of grants and funding intended for a sports association for personal gain. During actions on 3 September, assets worth EUR 7 million were seized as a preventive measure. Italian authorities are investigating three individuals, one of whom was the former legal representative of the sports association.