Monsignor Nunzio Scarano has some ‘splainin’ doing after having a arrest that is second Vatican funds (Image: AP)
When you think you have heard the craziest embezzlement story in the reputation for guy, along comes a different one to prove you dead incorrect. Such is the situation of the Vatican monsignor trial that is already awaiting charges of plotting to smuggle 20 million euros ($30.8 million) into Italy out of Switzerland, mind you who has now been charged separately for allegedly utilizing their access to Vatican bank accounts to launder money.
Millions of Euros Moved Around
Referred to as ‘Monsignor 500’ because that is reportedly his cash that is favorite denomination Monsignor Nunzio Scarano ended up being arrested by economic authorities in Salerno into the south of Italy, after police say he used fictitious donations from overseas organizations to move an incredible number of euros through his Vatican Institute for Religious Works accounts.
When police caught up with Salerno a week ago, they were able to confiscate 6.5 million euros 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 roles into the money-laundering scheme. But apparently the tentacles were far-re Continue reading “Vatican Monsignor Arrested Second Time for Illicit Financial Dealings”